Two major banking organizations objected to a proposal by the agency that would expand the pool of investors in subordinated debt issued by credit unions. They fear it could provide credit unions more financing to buy banks. ... Read full article
The company will pay $64 million to significantly increase its scale in the Tampa Bay area. ... Read full article
The company will pay $211 million for a bank with 22 branches as $1.2 billion in assets. ... Read full article
The company acquired ResX Warehouse Lending from People's United Financial. ... Read full article
While most banks are shrinking their branch networks, the Cincinnati bank is approaching the day where its branch expansion in the Southeast will more than offset closings in its legacy markets, its CEO says. ... Read full article
Franklin Financial agreed to be sold less than a year after issues surfaced in its portfolio of shared national credits. ... Read full article
Eric Smith and Michael Morton have been brought on as vice chairs to help build out the Chicago bank's commercial lending arm. ... Read full article
The proposed merger will create a $10 billion-asset bank based in Nashville, Tenn. ... Read full article
The company will pay $29 million for Virginia Bank Bankshares. ... Read full article
Pushback from banks, a smaller pool of sellers and potential regulatory hurdles could pose setbacks for credit unions this year. ... Read full article
The Colorado Banking Board may be the first regulator to ever block a credit union-bank merger. ... Read full article
The Southeast banks expect to complete their merger by midyear, hit their savings targets and still be able to invest in growth, according to Bryan Jordan. ... Read full article
The company will pay $24 million in cash for Central Federal Bancshares. ... Read full article
The acquisition will vastly expand Visa's platform, giving it nearly Amazon-like influence. ... Read full article
Executives at Beach Community want to pursue more acquisitions in central Florida. ... Read full article
The Massachusetts savings bank will gain branches in two communities as part of the acquisition. ... Read full article
Blue Federal Credit Union in Wyoming will also gain about $100 million in deposits. ... Read full article
The Colorado Bankers Association claims that state law bars Elevations Credit Union from buying Cache Bank & Trust. ... Read full article
Bank beats estimates as earning soar 21%; a cyberattack on the American banking system could create havoc on financial stability. ... Read full article
Driver Management wants shareholders of Community Bankers Trust to push the Richmond company to find a buyer. ... Read full article
