On May 22, 2018, United Bank, Hartford, Connecticut, and Webster Bank, N.A., Waterbury, Connecticut, entered into a purchase and assumption agreement pursuant to which United Bank will purchase from Webster Bank six banking branches located in Connecticut, Massachusetts and Rhode Island with total deposits approximating $120 million.
Read More...On May 18, 2018, Hanmi Financial Corporation (“Hanmi”), Los Angeles, California, and SWNB Bancorp, Inc. (“SWNB”), Houston, Texas, entered into a definitive merger agreement pursuant to which SWNB will merge with and into Hanmi, with Hanmi as the resulting company.
Read More...On April 25, 2018, First Interstate BancSystem, Inc. (“First Interstate”), Billings, Montana, and Northwest Bancorporation, Inc. (“Northwest”), Spokane, Washington, entered into a definitive merger agreement pursuant to which Northwest will merge with and into First Interstate, with First Interstate as the resulting company.
Read More...On March 14, 2018, Coastway Bancorp, Inc., Warwick, Rhode Island, and HarborOne Bancorp, Inc., Brockton, Massachusetts, entered into a definitive merger agreement pursuant to which HarborOne Bancorp will acquire Coastway Bancorp in an all-cash transaction.
Read More...On February 13, 2018, Liberty Federal Savings Bank (“Liberty FSB”), Enid, Oklahoma, and Great Plains National Bank, (“Great Plains”), Elk City, Oklahoma, jointly announced that Liberty FSB will merge with and into Great Plains, with Great Plains as the resulting institution. The combined institution will have total assets of approximately $700 million.
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