SmartFinancial in Tennessee lands another acquisition
SmartFinancial has agreed to buy Foothills Bancorp for $36 million. It would be SmartFinancial's fifth bank acquisition since 2012. ... Read full article
SmartFinancial has agreed to buy Foothills Bancorp for $36 million. It would be SmartFinancial's fifth bank acquisition since 2012. ... Read full article
The Cincinnati company sold 5 million shares in the payment processor, as it continues to scale back its ownership stake. ... Read full article
Management at the recently formed InBankshares hopes to expand in Denver by capitalizing on disruption from consolidation in the market. ... Read full article
Forcht Bancorp in Corbin, Ky., has agreed to buy Watch Hill Bank for roughly $27 million in cash. ... Read full article
Joe Reilly, who co-founded then ran Centrix Bank, was appointed to the boards of Provident Bank in Amesbury, Mass., and its holding company. ... Read full article
Ocwen Financial is able to keep the answers to questions from the Consumer Financial Protection Bureau involving the improper handling of escrow accounts confidential, a federal magistrate ruled. ... Read full article
Thomas Fraser will step down as president and CEO of First Federal Lakewood and instead focus on overseeing the mutual's holding company. ... Read full article
Five of the year’s biggest deals by value have been announced in the last two months, including some that involve regional banks that have been champing at the M&A bit. ... Read full article
JPMorgan Chase plans to sell its stake in Saudi Investment Bank back to the Riyadh-based lender at a 24% discount as it exits noncore holdings globally. ... Read full article
M&A activity has picked up in recent weeks as several regional banks have struck big deals. Is it a blip or a sign of what's to come? ... Read full article
Holding multiple face-to-face meetings with executives from MB Financial helped Fifth Third land the Chicago company for a lower price than another suitor offered. ... Read full article
William Wagner, chairman and CEO of Northwest Bancshares, will retire as the company prepares to cross $10 billion of assets. ... Read full article
CB Financial Services said its current CEO, Barron McCune Jr., was retiring and would be replaced by its president. ... Read full article
The company agreed to aquire United Bancorp. for $51 million. ... Read full article
Old National will have the fifth-biggest deposit market share in the city when it completes the $434 million acquisition. ... Read full article
The payments company said it plans to spend $1 billion to $3 billion a year on acquisitions; NYS fines bank $205 million. ... Read full article
First Western in Colorado and Coastal Financial in Washington are the latest banks to disclose plans to go public. ... Read full article
Jelena McWilliams said the agency will ask banks what's working and what's not; the acquisition of Hyperwallet Systems lets PayPal offer more services. ... Read full article
The company will pay $48 million for four branches and $230 million in loans. ... Read full article
Ruoff Financial will make its first push into banking with the purchase of SBB Bancshares. ... Read full article