SouthCrest Financial Group, Inc. (Atlanta, GA) announced that the company has completed the sale of its two branches in Alabama and all rela...
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Showing posts with label Bank-Credit Union Transaction. Show all posts
Showing posts with label Bank-Credit Union Transaction. Show all posts
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...
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...
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...
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...
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...
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...
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 ...
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...
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...
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...
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,...
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, ...
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...
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