Chickasaw Banc Holding in Oklahoma City has agreed to buy Oklahoma Heritage Bank in Ada. The parent of the $470 million-asset Chickasaw Community Bank did not disclose how much it will pay for the $100 million asset Oklahoma Heritage. The deal is expected to close in the second or third quarter.
M&A News is reported by Paul Davis and reprinted with permission as an adaptation of the material from TheBankSlate.com.
Most U.S. small-business owners expect their revenue to grow, with many also embracing artificial intelligence with “enthusiasm and caution,” according to a new survey by Comerica Bank.
The Small Business Administration has ordered its network of more than 5,000 lenders to end any practices that result in “debanking,” adding that lenders who failed to comply will “lose their good standing with the SBA and will...
FDIC Acting Chairman Travis Hill said his agency will have a busy fall season, with implementation of a new stablecoin law among its top priorities.
ABA recommended that federal regulators quickly finalize a series of proposed changes to the enhanced supplementary leverage ratio standards for the largest banks.
American Bancorp in Georgia, TowneBank in Virginia and Citizens Bank of West Virginia announced planned acquisitions.
The Consumer Confidence Index was 97.4 in August, down from 98.7 in July, the Conference Board said.
