BofI has agreed to buy $3 billion of deposits from Nationwide Bank as part of the insurance giant's exit from retail banking. The deal comes three years after BofI bought H&R Block Bank's deposits. ... Read full article
Loan growth accelerated for those in our annual ranking of banks with assets of $10 billion to $50 billion. See which of these 65 regionals are the best performers. ... Read full article
Despite ongoing industry consolidation, the company still expects to have at least 10 chances each year to buy another bank. ... Read full article
Vendors keep merging, and new ones keep forming. For banks, the change brings access to more options, but shorter relationships. ... Read full article
Once a hotbed of activity, the region has reported the fewest bank mergers since the financial crisis. ... Read full article
The former SoFi CEO raises funds for his new venture despite recent admissions about dating employees; female employee says Mel Watt harassed her. ... Read full article
The credit union, which plans to keep all of Oculina Bank's employees, will also provide more products and services. ... Read full article
Richwood Bancshares will get closer to $1 billion in assets after it buys Home City Financial. ... Read full article
Veritex will take advantage of accounting rules in its deal for Green Bancorp, a larger bank with lingering energy exposure. ... Read full article
The North Carolina regional will pay $30 million for the much-smaller Palmetto Heritage Bancshares. ... Read full article
The company will pay $191 million for Skagit Bancorp, a deposit-rich bank in Washington's North Sound region. ... Read full article
The $54 million purchase of Pilgrim Bancshares will give Hometown branches in all three regions of Massachusetts. ... Read full article
The Ohio company said low unemployment is keeping business clients from expanding, while higher asking prices are forcing it to avoid bank acquisitions. ... Read full article
The $26 million acquisition will allow Summit to enter two new counties in its home state. ... Read full article
The digital currency’s price has rebounded to over $8,000 as a new ETF is in the works; three deals may indicate a resurgence of small bank M&A. ... Read full article
The Mississippi company will also gain its first branches in southern Georgia as part of the $80 million deal. ... Read full article
The March acquisitions of a warehouse lending portfolio and eight California bank branches helped fuel a 22% increase in net income. ... Read full article
Florida created headaches for the Georgia company during the financial crisis. Increased discipline, and wholesale changes to banking, make the $3 billion purchase of FCB Financial less risky, CEO Kessel Stelling says. ... Read full article
The 2017 acquisition of Yadkin Financial was cited as a driver of growth for several fee-based businesses. ... Read full article
The $2.9 billion deal is the Georgia company's first traditional whole-bank acquisition since 2006. It is also the year's second-biggest bank acquisition. ... Read full article
