NBT Bancorp and Evans Bancorp announce $236m merger to enhance Western New York presence

Pallavi Madhiraju- September 10, 2024 0

In a move set to redefine the banking landscape in Upstate New York, NBT Bancorp Inc. (NASDAQ: NBTB) and Evans Bancorp, Inc. (NYSE American: EVBN) ... Read More

Massive $917m merger: First Busey and CrossFirst Bankshares team up to dominate 10-state market

Pallavi Madhiraju- August 29, 2024 0

In a significant move set to reshape the commercial banking landscape, First Busey Corporation (“Busey”) (Nasdaq: BUSE) and CrossFirst Bankshares, Inc. (“CrossFirst”) (Nasdaq: CFB) have ... Read More

ELGA Credit Union to acquire Marine Bank in $43.75 per share all-cash deal

Pallavi Madhiraju- June 5, 2024 0

ELGA Credit Union ("ELGA CU") and Marine Bancorp of Florida, Inc. (OTCMKTS: MBOF), the parent company of Marine Bank & Trust Company ("Marine Bank"), have ... Read More

Atlanta Postal Credit Union to acquire Affinity Bank in landmark all-cash deal

Pallavi Madhiraju- May 31, 2024 0

Atlanta Postal Credit Union (APCU), Georgia’s oldest and the largest postal credit union in the United States, alongside its subsidiary Center Parc Credit Union, has ... Read More

United Bankshares to acquire Piedmont Bancorp in $267m deal

Pallavi Madhiraju- May 13, 2024 0

In a significant expansion move, United Bankshares, Inc. (NASDAQ: UBSI), the parent company of United Bank, has announced a definitive merger agreement with Piedmont Bancorp, ... Read More

Burke & Herbert Financial Services and Summit Financial Group inch towards closing merger deal

Pallavi Madhiraju- April 21, 2024 0

Burke & Herbert Financial Services Corp. (Nasdaq: BHRB) and Summit Financial Group, Inc. (Nasdaq: SMMF) announced they have secured all necessary regulatory approvals to finalize ... Read More

Wintrust Financial to acquire Macatawa Bank Corporation in $510.3m deal

Pallavi Madhiraju- April 17, 2024 0

Wintrust Financial Corporation (Nasdaq: WTFC) is set to acquire Macatawa Bank Corporation (Nasdaq: MCBC) in an all-stock transaction valued at approximately $510.3 million, or $14.85 ... Read More

Prosperity Bancshares completes merger with Lone Star State Bancshares to enhance West Texas presence

Pallavi Madhiraju- April 2, 2024 0

In a significant development in the banking sector, Prosperity Bancshares, Inc. (NYSE: PB), the esteemed parent company of Prosperity Bank, announced the successful completion of ... Read More

Atlantic Union Bankshares wraps up merger with American National Bankshares

Pallavi Madhiraju- April 2, 2024 0

In a significant move that reshapes the banking landscape of the mid-Atlantic region, Atlantic Union Bankshares Corporation has officially completed its merger with American National ... Read More