M&A

Heartland reworks AIM Bancshares deal to reflect Fed concerns

10/26/20

The Iowa company said it will pursue a two-step acquisition to address unspecified issues raised by the Federal Reserve as part of its review of the acquisition.

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Two Ohio credit unions set to merge by end of October

10/26/20

Members of First Choice Community Credit Union will have access to mobile banking and other products once the institution becomes part of Credit Union of Ohio.

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Regulators close Kansas bank in fourth failure of 2020

10/23/20

Equity Bank agreed to buy most of the assets, and assume all the deposits, of Almena State Bank.

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First Horizon eyes more expense cuts in wake of Iberiabank merger

10/23/20

The Memphis company is looking to take out more costs than initially planned due to the economic uncertainty brought on by the coronavirus pandemic.

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Amex's recipe for small-business lending: Heavy on the Kabbage

10/23/20

With the COVID-19 pandemic creating unprecedented challenges for small businesses, American Express has increasingly targeted its investments in that niche.

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DigMo 2020: How Can Fintechs Best Position Themselves For an Acquisition?

10/22/20

From finding new efficiencies to redefining the customer experience; fintechs are permanently changing financial services. But what does the actual acquisition process look like?

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Volunteer recruitment struggles push small Pa. credit union to merge

10/21/20

State College FCU is seeking member approval to fold into Horizon CU, citing ongoing challenges finding members to serve on its board of directors and supervisory committee.

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Pike Teachers in Alabama to merge into Guardian Credit Union

10/20/20

The combined institution will serve almost 75,000 members with nearly $660 million in assets.

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CIT chief Ellen Alemany set to receive large bonus from First Citizens merger

10/20/20

The veteran executive will receive a $13 million lump-sum payment if she stays with the North Carolina company for two years after the deal closes.

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Ex-Trump adviser Cohn predicts bleak future for community banks

10/19/20

Gary Cohn, former head of the Trump administration’s National Economic Council and onetime top executive at Goldman Sachs, says technological changes will continue to make it harder for smaller financial institutions to compete and force many to be sold.

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