Saturday, September 15, 2018 Bank-Credit Union Transaction Branch Sales Guardian CU Buys Two Branches from SouthCrest Financial Group "Credit News 24" SouthCrest Financial Group, Inc. (Atlanta, GA) announced that the company has completed the sale of its two branches in Alabama and all rela...
Sunday, September 2, 2018 Bank Credit Union Mergers Bank-Credit Union Transaction Advia CU Completes Acquisition of Peoples Bank "Credit News 24" Advia Credit Union (Parchment, MI) completed its acquisition of Peoples Bank (Elkhorn, WI). People’s Bank had $230 million in assets and had...
Saturday, August 11, 2018 Bank-Credit Union Transaction Branch Sales Marine CU to Acquire 5 Branches from Bank Mutual on August 25 "Credit News 24" Marine Credit Union (La Crosse, WI) has received regulatory approval to acquire five Bank Mutual branches through a purchase agreement. Acco...
Wednesday, August 8, 2018 Bank Credit Union Mergers Bank-Credit Union Transaction Lake Michigan CU to Purchase Encore Bank "Credit News 24" Lake Michigan Credit Union (Grand Rapids, MI) has announced that it will acquire Encore Bank (Naples, FL). Lake Michigan Credit Union has $5...
Monday, July 9, 2018 Bank Credit Union Mergers Bank-Credit Union Transaction Arkansas Federal Credit Union Looking to Buy a Bank "Credit News 24" Arkansas Federal Credit Union (Jacksonville, AR) is looking to buy a bank that is deposit rich but does not have a ton of loans. According t...
Saturday, June 16, 2018 Bank Credit Union Mergers Bank-Credit Union Transaction American Banker: Cross-Industry Mergers Expected to Grow "Credit News 24" The American Banker is reporting that banks and credit unions should expect more cross-industry mergers; however, these cross-industry deals...
Friday, June 8, 2018 Bank Credit Union Mergers Bank-Credit Union Transaction Credit Union Service Organization Achieva CU Launches Bank Merger Consulting Service "Credit News 24" Achieva Credit Union (Dunedin, FL) has launched a merger consulting service that would help larger credit unions buy smaller community banks...
Friday, June 1, 2018 Bank Credit Union Mergers Bank-Credit Union Transaction IBM Southeast Employees' CU Completes Acquisition of Mackinac Savings Bank "Credit News 24" IBM Southeast Employees' Credit Union (Delray Beach, FL) announced the merger and acquisition of Mackinac Savings Bank, in Boynton Beach...
Tuesday, May 8, 2018 Bank Credit Union Mergers Bank-Credit Union Transaction Two Credit Unions Announce Deals to Buy Banks "Credit News 24" On May 5, two separate deals were announced regarding a credit union acquiring a bank. Honor Credit Union of Berrien Springs, Michigan has ...
Thursday, April 5, 2018 Bank-Credit Union Transaction Branch Sales Branches Marine CU to Buy 5 Bank Branches from Bank Mutual Corporation "Credit News 24" Bank Mutual Corporation (Milwaukee, WI) entered into an agreement with Marine Credit Union (LaCrosse, WI) to sell five retail branches, alon...
Monday, March 12, 2018 Bank-Credit Union Transaction Branch Sales Self-Help FCU Buys Branches and Deposits of Failed Seaway Bank & Trust "Credit News 24" The remnants of failed Seaway Bank & Trust, which was acquired by Dallas, Texas-based State Bank of Texas in January from the Federal De...
Saturday, March 10, 2018 Bank Credit Union Mergers Bank-Credit Union Transaction Family Security Credit Union Acquires Bank of Pine Hill "Credit News 24" Family Security Credit Union (Decatur, AL) has completed its acquisition of the Bank of Pine Hill, which has $20 million in assets. Family S...
Wednesday, January 10, 2018 Bank Credit Union Mergers Bank-Credit Union Transaction Advia CU Announces Plan to Buy Another Bank "Credit News 24" Advia Credit Union (Parchment, MI) announced that it plans to acquire the $232 million Peoples Bank (Elkhorn, WI). If the deal is completed,...
Tuesday, November 28, 2017 Bank Credit Union Mergers Bank-Credit Union Transaction IBM Southeast Employee Credit Union to Acquire Florida Bank "Credit News 24" Another small bank is being acquired by a large credit union. It is being reported that IBM Southeast Employee Credit Union (Delray Beach, ...
Thursday, November 16, 2017 Bank-Credit Union Transaction Branch Sales Guardian CU Buys Two Bank Branches and Deposits "Credit News 24" Guardian Credit Union (Montgomery, AL) announced that it has reached an agreement with SouthCrest Financial Group to purchase its two Alabam...