Square announced last week that the FDIC has approved its application of its banking subsidiary Square Financial Services

US Bank to take on deposit and credit card accounts, with future plans for vehicle loans and business services

MutualFirst’s merger with Northwest Bank has also taken a step closer with investor approval granted last week

Following a bumper year for mortgage lending in 2019, MVB will buy a stake from the Van Metre Company to create Intercoastal Mortgage

Also, Regions Bank has announced the planned acquisition of equipment finance lender Ascentium Capital

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Combination will create a $3.1 trillion wealth management business when it completes later this year

Acquisition of top-20 issuer to provide Ally Financial with “instant capability and scale” in the credit card space

Ericson State Bank has been taken over by Farmers and Merchants Bank after a regulatory investigation uncovered a series of lending violations

The combined entity will cover Florida, Georgia, Alabama, the Carolinas, and Virginia when it completes in Q3 2020