M&A

Amalgamated in New York to form holding company

09/10/20

The bank said the move will provide more flexibility raising capital and more options when it comes to pursuing bank acquisitions.

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Investor group to buy Georgia Banking Company

09/08/20

Bartow Morgan Jr., who ran Brand Banking when it was sold to Renasant, also plans to raise $150 million to expand the seller's products and services.

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Succession planning issues push Coastal Teachers FCU to merge

09/04/20

A plan to merge the $5.5 million-asset credit union into Cal-Com FCU will provide additional services for members while also easing the process of replacing several employees who plan to retire this year.

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Bogota Financial to acquire Gibraltar Bank

09/03/20

The New Jersey company will add three branches in the northern part of the state as part of the transaction.

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Alabama One Credit Union to buy First Bank of Linden

09/03/20

The purchase-and-assumption transaction, if approved, would become the first credit union-bank merger in Alabama.

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The fintech Jiko buys a bank

09/03/20

The company has acquired a federal savings association, Mid-Central Federal Savings Bank in Wadena, Minn., which is converting to a national bank.

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Chicago-area credit union merges into Partnership Financial

09/02/20

The two institutions have assets of more than $215 million and serve over 12,000 members.

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DOJ antitrust unit considers overhaul of bank merger review process

09/01/20

The division asked for public feedback as it weighs changes "to reflect emerging trends in the banking and financial services sector."

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Ohio credit union merger takes effect

09/01/20

Pathways Financial's acquisition of Standard Register FCU increases its foothold in the Dayton market.

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CIT sells wealth management business to FirstSun Capital

09/01/20

CIT inherited the business with its purchase earlier this year of Mutual of Omaha Bank.

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