HNB National Bank in Hannibal, Missouri, has agreed to buy Kearney Trust in Kearney, Missouri. The $957 million-asset HNB said in a press release that it plans to buy the $313 million-asset Kearney in the second quarter. The price wasn’t disclosed.
M&A News is reported by Paul Davis and reprinted with permission as an adaptation of the material from TheBankSlate.com.
ABA and the Maryland Bankers Association have released a new ad applauding Rep. April McClain Delaney’s (D-Md.) support of policies that lower costs for farmers, fishers and homeowners and encouraging her to keep up those efforts.
Even though U.S. consumers still face the challenge of elevated inflation, their robust spending should help support the overall economy and loan demand.
The leaders of the House and Senate banking committees announced they had reached an agreement on a bipartisan housing bill that includes several provisions related to banking, from brokered deposits to de novo bank formation.
The OCC has amended the criteria it uses to designate financial institutions as minority depository institutions, including the removal of policy language that the agency said allowed it to continue MDI designation “when the bank no longer met...
The FDIC should take further steps to strengthen its bank supervision, and HUD should take steps to mitigate fraud in federal disaster recovery and improve manufactured housing financing, the Government Accountability Office concluded in separate reports.
The 11 Federal Home Loan Banks were all profitable in 2025, and their retained earnings balance of $32.7 billion was the largest on record, the Federal Housing Finance Agency said in its annual report to Congress.
