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

Chicago’s financial landscape set to transform as Mutual Federal Bank and Pulaski Savings Bank announce merger

Pallavi Madhiraju- September 3, 2024 0

Mutual Federal Bank, a prominent federally-chartered savings association, and Pulaski Savings Bank, an esteemed Illinois-chartered mutual savings bank, have jointly announced a strategic merger that ... Read More

First National and Touchstone Bankshares secure final approvals

Pallavi Madhiraju- August 10, 2024 0

First National Corporation and Touchstone Bankshares, Inc. have successfully obtained the necessary regulatory approvals from the Federal Reserve Bank of Richmond and the Virginia Bureau ... Read More

PeoplesBank and Cornerstone Bank announce merger to form $6bn entity

Pallavi Madhiraju- June 22, 2024 0

PeoplesBank and Cornerstone Bank have officially declared their intent to merge their holding companies in a definitive agreement that will see the formation of a ... 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

LINKBANCORP to divest New Jersey operations to enhance focus on core markets

Pallavi Madhiraju- May 11, 2024 0

LINKBANCORP, Inc. (NASDAQ: LNKB), a notable name in community banking, has announced a pivotal transaction involving its wholly owned subsidiary, LINKBANK. Under a definitive purchase ... Read More

Burke & Herbert Financial Services completes merger with Summit Financial Group

Pallavi Madhiraju- May 3, 2024 0

Burke & Herbert Financial Services Corp. (Nasdaq: BHRB) today announced the successful completion of its merger with Summit Financial Group, Inc. (Nasdaq: SMMF), marking a ... Read More

Fulton Financial Corporation acquires assets and deposits of Republic Bank

Pallavi Madhiraju- April 28, 2024 0

Fulton Financial Corporation (NASDAQ: FULT), through its subsidiary Fulton Bank, N.A., has completed a significant transaction involving the acquisition of substantially all assets and the ... 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

First Federal Bank to acquire Watson Mortgage Corp. to enhance customer service and expand operations

Pallavi Madhiraju- April 19, 2024 0

First Federal Bank has announced its acquisition of Watson Mortgage Corp., a move that is poised to significantly enhance its mortgage service capabilities and customer ... Read More