Commercial
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Louisiana credit union to buy in-state bank
Heritage Nola’s nearly $26 million deal with OnPath Credit Union comes after the bank mutually terminated a merger proposal with a Louisiana lender, MC Bancshares.
By Rajashree Chakravarty • July 25, 2025 -
Pinnacle, Synovus to combine in $8.6B deal
Synovus had been the subject of merger rumors earlier in the week. The deal could stand as a test case for banks primed to cross the $100 billion-asset threshold amid expected Trump-era deregulation.
By Dan Ennis • July 25, 2025 -
Explore the Trendline➔
Permission granted by Frost BankTrendlineTop 5 stories from Banking Dive
Since the approval of Capital One’s acquisition of Discover, banks have increasingly waded into new deals. Beyond that, they’ve doubled down on strategy, from organic growth to branch placement to app design.
By Banking Dive staff -
Michigan, Georgia banks propose to buy in-state peers
Mercantile Bank Corp. will buy Eastern Michigan Financial Corp. in a $95.8 million deal, while Colony Bankcorp inked a $86.1 million deal with TC Bancshares.
By Rajashree Chakravarty • July 24, 2025 -
San Francisco credit union to buy California bank
The deal marks the eighth whole-bank purchase by a credit union announced this year.
By Rajashree Chakravarty • July 23, 2025 -
Old National names KeyBank exec president, COO
Tim Burke oversaw commercial banking in 12 markets at KeyBank, including Chicago. He succeeds Mark Sander, who retired from Old National this year.
By Dan Ennis • July 23, 2025 -
Huntington CFO: Veritex met ‘high bar’ for acquisitions
The Columbus, Ohio-based bank is largely focused on growing organically, although it remains “opportunistic” about compelling deals, the regional’s finance chief said.
By Caitlin Mullen • July 21, 2025 -
Texas, Wisconsin banks agree to buy in-state peers
Prosperity Bancshares in Texas agreed to buy American Bank in a $321.5 million deal, while Bank First Corp. inked a $174.3 million deal with Centre 1 Bancorp.
By Rajashree Chakravarty • July 18, 2025 -
Western Alliance names JPMorgan vet its next CFO
Vishal Idnani will take the CFO reins in January. Dale Gibbons, who’s been the bank’s finance chief for two decades, will become chief banking officer for deposit initiatives and innovation at the lender.
By Caitlin Mullen • July 18, 2025 -
State Street CTO moves to CIO role
Andrew Zitney shifted into the role this week, filling a vacancy that opened when Brian Franz took a tech leadership position with Estée Lauder in April.
By Matt Ashare • July 18, 2025 -
Western Alliance to bring most divisions under one brand
All six of the bank’s other brands will be scrapped in favor of a unified Western Alliance moniker by the end of the year.
By Gabrielle Saulsbery • July 17, 2025 -
Big bank CEOs talk stablecoin plans
The prospect of a more favorable regulatory environment for digital assets has large lenders exploring or plotting stablecoin plans, JPMorgan, BofA, Citi and U.S. Bank executives indicated last week.
By Caitlin Mullen • July 17, 2025 -
JPMorgan’s Dimon: Fed independence ‘absolutely critical’
The CEO of the biggest U.S. bank warned Tuesday that “playing around with the Fed can often have adverse consequences.”
By Caitlin Mullen • July 15, 2025 -
SC’s First Community broaches Atlanta area in $41.6M deal
Buying Signature Bank of Georgia would boost First Community’s Small Business Administration lending and create a bank with 23 locations and roughly $2.3 billion in assets, the companies said.
By Dan Ennis • July 15, 2025 -
First Fed Bank CEO resigns, COO tapped as interim chief
Matthew Deines, who served as CEO for six years, announced his exit following a lawsuit filed by a Jefferies hedge fund group alleging the bank’s involvement in a fraudulent scheme.
By Rajashree Chakravarty • July 14, 2025 -
Huntington to buy Texas bank for $1.9B
The Columbus, Ohio-based regional lender will dive deeper into the Lone Star State with the acquisition of Veritex Community Bank’s holding company.
By Gabrielle Saulsbery • July 14, 2025 -
Ohio bank to acquire in-state peer in $70.4M deal
Civista Bancshares will buy The Farmers Savings Bank in a transaction set to close in the fourth quarter. Civista has also launched an underwritten public offering of its common shares, aiming to raise $70 million.
By Rajashree Chakravarty • July 11, 2025 -
Pennsylvania banks to merge in $54.9M deal
Wayne Bank, a subsidiary of Norwood Financial Corp., will expand its footprint into central and southeastern Pennsylvania with the acquisition of Presence Bank.
By Rajashree Chakravarty • July 10, 2025 -
Community banks view embedded finance as key to longevity: report
Despite increased regulatory scrutiny of banking-as-a-service, over half of the surveyed community bank respondents are considering implementing BaaS or embedded banking solutions.
By Rajashree Chakravarty • July 9, 2025 -
Citi to open Charlotte office, add 510 jobs
The lender will spend $16.1 million on the office, which is slated to open by early 2026, according to a bank memo.
By Caitlin Mullen • July 9, 2025 -
Frost CFO: ‘We are that stable bank in Texas’
The San Antonio lender has hung its hat on long-term organic growth. “We get to bring in customers that chose us, not that we bought,” said Dan Geddes, a 28-year Frost veteran. “We get to recruit the bankers that want to be with us.”
By Caitlin Mullen • July 9, 2025 -
Planet Hollywood sues Florida bank in alleged PPP fraud
BankUnited forced Planet Hollywood and its affiliated companies to reapply for a PPP loan, for which they lost the opportunity to have at least $4.5 million forgiven.
By Rajashree Chakravarty • July 8, 2025 -
Louisiana takes a turn as small-bank M&A epicenter
In the first week of July, two Baton Rouge banks have made $83 million deals to acquire competitors.
By Dan Ennis • July 8, 2025 -
Fed bans Wyoming ex-banker over charity embezzlement
Kendall Hickman, a former employee of Jonah Bank of Wyoming, embezzled more than $33,000 in funds from a nonprofit organization while working as a part-time bookkeeper.
By Rajashree Chakravarty • July 7, 2025 -
Top US banks boost dividends
JPMorgan and Morgan Stanley announced share repurchase programs. Wells Fargo and Goldman Sachs, meanwhile, will see current stress capital buffers lowered.
By Caitlin Mullen • July 2, 2025 -
Webster Bank taps former Ally CRO
Jason Schugel, whose 15 years at Ally included six as chief risk officer, has been appointed CRO at Webster, effective July 14.
By Caitlin Mullen • July 1, 2025