M&A

Coronavirus concerns prompt Louisiana bank to terminate acquisition

07/01/20

Investar Holding said it no longer plans to buy Cheaha Financial in Alabama.

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Three Texas banks planning to merge

06/30/20

Southwest Bancshares in San Antonio will have assets of $1.5 billion when it absorbs two affiliated banking companies in nearby cities.

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Coronavirus takes toll on bank M&A

06/29/20

Bank consolidation has been stagnant since the pandemic hit, and the outlook for the rest of the year is bleak.

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Mutual holding company pioneer dies after long cancer battle

06/29/20

Eric Luse, who co-founded the Luse Gorman law firm, helped Community Bank Shares of Indiana create the first MHC in the early 1990s.

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Coronavirus scuttles bank merger in Michigan

06/25/20

Arbor Bancorp and FNBH Bancorp said the pandemic had created uncertainty about the regulatory process for securing approval for the deal.

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Ally, CardWorks call off planned merger

06/24/20

The companies said the "meaningful impacts" of the coronavirus pandemic led them to terminate the $2.7 billion deal.

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Mastercard to buy Finicity to improve open banking services

06/23/20

Mastercard has agreed to acquire Finicity for a reported price of $825 million, a move the card brand says will strengthen its open banking platform and expand financial services through more real-time access to data.

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Coronavirus 'affirmed rationale' behind CenterState-South State deal: CEO

06/22/20

⁠John Corbett says building scale, lowering costs and strengthening technology offerings have become more critical for banks to stay competitive.

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Maine mutual banks plan merger

06/19/20

Kennebec Savings Bank will have $1.3 billion in assets after it absorbs Kennebec Federal Savings and Loan Association of Waterville.

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Maryland banks plan to merge

06/18/20

Delmarva Bancshares, which was on the brink of failure during the financial crisis, will be sold to BV Financial for $54 million.

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