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Banks Swing into M&A Action as 2023 Begins

Banking Exchange

First National of Nebraska and Renasant Bank have announced deals, while Brookline and United Community Banks have completed acquisitions Management Feature M&A Feature3 Community Banking.

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PayPal Provides $5M In Grants To Support Minority Businesses

PYMNTS

The grants are part of the San Jose, California-based worldwide online payments system’s $530 million pledge made earlier this year to strengthen minority communities and fight for economic equality and racial justice. “To

San Jose 261
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First Citizens, CIT Group Merger Will Create $100B Bank

PYMNTS

“This is a transformational partnership for First Citizens and CIT, designed to create long-term value for all of our constituents, including our stockholders, our customers, our associates and our communities,” said Frank Holding Jr. chairman and CEO of First Citizens, roles he will keep in the combined company. .

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Nebraska bank is first failure of 2020

American Banker

Ericson State Bank, which had been in regulators’ sights for a decade, was closed by state and federal authorities Friday. Another bank acquired all of its deposits and a fraction of its assets.

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Ag Banker Frank Bruning, Loss of an Industry Icon

ABA Community Banking

The agricultural banking community lost an industry icon with the passing of Frank Bruning on June 1. At the time of his death, Bruning was 94 and chairman emeritus of Bruning Bank in Bruning, Nebraska. Bruning began his career in 1964, taking a position at the bank his grandfather helped launch in the late 1800s. [.].

Industry 105
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Chase Plans Expansion In Top US Markets In 2019

PYMNTS

The bank said about 30 percent of the branches will be in low or moderately low income communities. Chase said it will also open branches in locations close to major universities in Auburn, Alabama and Lincoln, Nebraska. The new locations will include Charlotte, North Carolina; St. To us, this is so much more than building branches.

St. Louis 145
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GreenState Credit Union calls off deal for Premier Bank in Nebraska

American Banker

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