Podcast: How a community bank boosted its consumer mortgage program
How does a community bank whose bread and butter was mortgage lending make the business sustainable in a time when mortgages have increasingly moved to the nonbank sector?
Browsing: Mergers and acquisitions
Linkbancorp to purchase Partners
LINKBANCORP in Camp Hill, Pennsylvania, has agreed to buy Partners Bancorp in Salisbury, Maryland. The deal is expected to close in the third quarter.
Main Street to merge with Wayne Savings
Main Street Financial Services in Wheeling, West Virginia, has agreed to buy Wayne Savings Bancshares in Wooster, Ohio.
Buckeye State to Purchase Rockhold Bancshares
Buckeye State Bancshares in Powell, Ohio, has agreed to buy Rockhold Bancshares in Bainbridge, Ohio.
Citizens Alliance to buy Granite Mountain
Citizens Alliance Bank in Clara City, Minnesota, has agreed to buy Granite Mountain Bank in Butte, Montana.
OCC sees need for regulatory reform in bank merger process
Federal regulators need to build a better mousetrap to ensure that “healthy” bank mergers get approved while “unhealthy” mergers are rejected, an OCC official said this week during an agency symposium on the topic.
M&A News: Vista Bank to buy Charis Bank in Texas
Vista Bancshares in Dallas has agreed to buy Charis Holdings in Justin, Texas.
Registration open for OCC symposium on bank mergers
The OCC this week announced that registration is open for its symposium on bank mergers, which will be held Feb. 10 at its headquarters in Washington, D.C.
M&A News: Mid Penn to acquire Brunswick Bancorp
Mid Penn Bancorp in Harrisburg, Pennsylvania, has agreed to buy Brunswick Bancorp in New Brunswick, New Jersey. The deal is expected to close in the second quarter.
NBT in New York to buy Salisbury in Connecticut
NBT Bancorp in Norwich, New York, has agreed to buy Salisbury Bancorp in Lakeville, Connecticut.