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The transaction comes as the megabank is determined to simplify its operating model and shed units that have slower growth prospects or aren't core to its business.
May 30
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A recent deal involving a troubled Texas bank shows that even the most lopsided depository can find an exit.
May 26
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The Connecticut-based community bank announced a raft of new board and executive appointments, giving shape to a new strategy aimed at winning more business from high-net-worth individuals.
May 19
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The Pennsylvania company spent the last five years adding lines of business, cleaning up its balance sheet and leveling up its technology. This year, Customers needs to churn out consistent earnings to prove that the investments were worth the costs.
May 15
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The Pennsylvania bank, which is working to diversify its deposit base and increase its access to low-cost deposits, has brought on some 10 commercial banking teams in the last year.
April 25
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The Sunshine State deal comes following a banner year for credit union-bank combinations, despite pushback from community banking advocates.
April 22
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Equity Bancshares said it would pay nearly $87 million in cash and stock to acquire NBC Corp. of Oklahoma. If it closes, the deal will be Equity's 13th bank acquisition since 2015.
April 3
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The proposed sale of Territorial Bancorp faced competing offers that delayed its closing by several months. But Hope ultimately won shareholder and regulatory approvals.
April 2
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"I can't just go fishing in the ocean," said Grasshopper Bank CEO Michael Butler, referring to his bank's ability to gather deposits. "JPMorgan Chase is out there with a yacht, and I'm driving a small speedboat."
April 1
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Small lenders across the country, including Forte Bank in Wisconsin, promoted and recruited chief executives in recent weeks.
March 31
