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Banking - Articles

August 13, 2019

Level One Bancorp To Merge With Ann Arbor Bancorp In $67.8M Deal

Upon completion of the merger, the combined company will operate under the Level One name and have over $1.8 billion in assets, $1.4 billion in loans and $1.5 billion in deposits, based upon financials as of June 30....

By Mark Scott

August 1, 2019

Chemical, TCF deal closes

CF Financial Corp. has closed its previously announced merger of equals in which legacy TCF Financial Corp. merged into Chemical Financial Corp., with Chemical as the surviving company. Upon the closing, Chemical was renamed TCF Financial Corp., and its common shares will trade on The NASDAQ Stock Market under the symbol “TCF.”...

By Jayne Gest

July 25, 2019

Wintrust To Buy Countryside Bank In $90.5M Deal

Countryside has $594 million in assets and six branches in the Chicagoland area....

By Mark Scott

July 9, 2019

CIBC Agrees To Buy Milwaukee-based Cleary Gull

CIBC is based in Toronto, with its U.S. headquarters in Chicago. The company has 10 million personal banking, business, public sector and institutional clients....

By Mark Scott

June 17, 2019

Associated completes acquisition of Huntington’s Wisconsin branches

Associated Banc-Corp closed its acquisition of the Wisconsin branch banking operations of The Huntington National Bank for approximately $34 million....

By Jayne Gest

June 14, 2019

Consumers Bancorp to buy Peoples Bancorp

As of March 31, Peoples Bank had approximately $79 million in assets, $53 million in loans and $70 million in deposits....

By Adam Burroughs

June 6, 2019

S&T Bank to acquire DNB First for $206M in stock

Following the deal that expands S&T Bank’s footprint into Southeastern Pennsylvania, the bank will have approximately $8.4 billion in total assets....

By Jayne Gest

April 3, 2019

FNB’s Boyd Pethel: How to invest with a flat yield curve, low interest rates

The economy may be slowing, but there’s good news for investors who are worried about rising interest rates, says First National Bank’s Boyd Pethel....

By Mark Scott

April 3, 2019

KeyBank wraps up Laurel Road acquisition

The acquisition of Laurel Road, is part of the bank's strategy to build targeted scale against defined client segments such as health care professionals, lawyers, and graduate students....

By Adam Burroughs

April 1, 2019

Park National Corp., CAB Financial Corp. merge

Park National Corp. and CAB Financial Corp. have completed their merger, which folds CAB’s banking subsidiary in as a community banking division of The Park National Bank....

By Adam Burroughs

March 26, 2019

'Merger of equals' will create $1.3B banking institution

ChoiceOne Financial Services, the parent company of ChoiceOne Bank, and County Bank, the parent company of Lakestone Bank & Trust, are merging to form the 12th-largest bank holding company in Michigan....

By Adam Burroughs

March 26, 2019

University Lending Group buys assets of Huron Valley Financial

University Bancorp Inc. subsidiary University Lending Group has acquired certain assets of Huron Valley Financial Inc., a privately held mortgage banking firm also based in Ann Arbor, Michigan....

By Adam Burroughs