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Norcross Braca Group will Invest at Least $35 Million in Republic Bank

Norcross Braca Group will Invest at Least $35 Million in Republic Bank

Republic is overhauling its operations after a difficult first quarter
DFCU Financial to Acquire MidWestOne’s Florida Operations

DFCU Financial to Acquire MidWestOne’s Florida Operations

Deal valued at $12 million is latest in a flurry of credit union-bank tie-ups this month
Eastern Bankshares Merges with Cambridge Bancorp

Eastern Bankshares Merges with Cambridge Bancorp

Eastern will also sell its insurance arm to Arthur J. Gallagher & Co.
Appointments latest: New CEO at New Peoples

Appointments latest: New CEO at New Peoples

Plus: Executive changes at United Bank, Agility, NYCB, First Western, Bank of the Sierra, and Valley National Bank
ICBA: Congress Must Investigate Credit Union Tax Exemption

ICBA: Congress Must Investigate Credit Union Tax Exemption

The statement follows announcements that credit unions will acquire five community banks this week
Credit Unions Snap Up Community Banks

Credit Unions Snap Up Community Banks

A flurry of deals in late August saw mergers and acquisitions announced in North Carolina, Pennsylvania, Michigan and Alabama
Canadian Banks Miss Estimates Thanks in Part to Interest Rate Hikes

Canadian Banks Miss Estimates Thanks in Part to Interest Rate Hikes

Scotia Bank and the Bank of Montreal both missed quarterly profit targets this week
CRA Lending Will Suffer If Capital Requirements Rise, Banks Argue

CRA Lending Will Suffer If Capital Requirements Rise, Banks Argue

The ABA and Bank Policy Institute also claim that Section 1071 data rules could negatively impact community-based lending
Fed Cracks Down on Farmington’s Wind-Up

Fed Cracks Down on Farmington’s Wind-Up

Small community bank caught up in FTX scandal is selling its assets to Bank of Eastern Oregon
NBT Completes $204M Merger with Salisbury

NBT Completes $204M Merger with Salisbury

Plus: First Mid finalizes acquisition of Blackhawk Bancorp; Savile Capital plans to buy Wyoming Bank
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