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The New York-area companies' $489 million agreement runs counter to recent merger pacts built around branch cuts and more tech spending.July 5
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The deal will create an $11 billion-asset banking company with operations in a number of markets around New York City.July 1
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Business owners are changing banks at three times normal levels, a trend researchers attribute to their difficulty in obtaining emergency loans. If the forgiveness stage of the Paycheck Protection Program proves arduous, that rate could climb much higher.June 21
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Suncoast Credit Union and Apollo Bank said the pandemic complicated their efforts to secure regulatory approval.May 12
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The Small Business Administration stopped approving loans when the Paycheck Protection Program hit its cap.April 16
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Nearly a tenth of the industry’s deals this year were connected to the state, which boasts a good number of sought-after small banks.September 18
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An increase in credit union acquisitions of banks has been a blow to the morale of many commercial bankers, and some of their trade organizations are trying to slow down the trend. There may be little they can do.September 12
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First Community Bankshares will buy Highlands Bankshares for $91 million.September 11
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The deal between First Defiance and United Community would create a $6 billion-asset bank.September 9
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Elevations' purchase of Cache Bank & Trust would be the first credit union acquisition of a bank in the state.September 4
