Thwarted bank buyer shows a gracious side
Washington Federal in Seattle allowed Anchor Bancorp to find another buyer after BSA issues forced it to withdraw its merger application. ... Read full article
Washington Federal in Seattle allowed Anchor Bancorp to find another buyer after BSA issues forced it to withdraw its merger application. ... Read full article
The company will pay $142 million for Carolina Alliance Bank three months after buying NewDominion in Charlotte, N.C. ... Read full article
The Los Angeles company will also gain its first branches in Nevada after completing the $467 million acquisition. ... Read full article
The proposed rule is another step in the agency's implementation of a regulatory relief bill that President Trump signed into law in May. ... Read full article
The Ohio company agreed to buy TransCounty Title Agency, which has five offices around Columbus. ... Read full article
Hanmi thought it was all set to buy SWNB in Houston, but the seller was unable to secure enough shareholder votes to back the deal. ... Read full article
The USAmeriBank deal was supposed to give Valley National Bancorp a bigger presence in Florida, but it did more than that — it provided a model for banking businesswomen that Valley can copy in its New York and New Jersey markets. ... Read full article
The Ohio regional will start offering advisory services to professional athlete after it buys Franklin Street Partners. ... Read full article
SWNB Bancorp was unable to secure enough votes to back its proposed sale to Hanmi Financial. ... Read full article
Small and midsize banks are most at risk as commercial loan volume fails to ignite; the cutbacks are partly the result of lower origination volume. ... Read full article
It’s great for bragging rights, but when banks make large investments in technology they run the risk of irritating investors who think they’re spending too much money for too little payback. ... Read full article
Lakeland will expand its operations in three counties in its home state of New Jersey with the $57 million acquisition. ... Read full article
Seacoast readily agreed to buy First Green Bank. The next step is determining which of the seller's programs, including car-charging stations and discounted rates for green projects, to keep. ... Read full article
The company will enter the Iowa cities of Des Moines and Dubuque as part of the $170 million acquisition. ... Read full article
The Illinois company will become one of the area's top 10 banks after buying Bank of Edwardsville. ... Read full article
The Troy, Mich., company is operating unfettered by regulatory orders for the first time in a decade, and its CEO says Flagstar now has the flexibility to pull the trigger faster on deals and accelerate its diversification beyond mortgages. ... Read full article
Eagle Bancorp Montana is gaining four branches and $94 million in deposits with its $19 million purchase of Big Muddy Bancorp. ... Read full article
FVCBancorp will use part of the proceeds to help pay for its pending acquisition of Colombo Bank. ... Read full article
Farmers & Merchants will pay $89 million for the parent of Bank of Geneva. ... Read full article
The Michigan company had been operating under the supervisory agreement since 2010. ... Read full article