Tag archive for ‘Banking industry news’
By businessnewstoday On Thursday, July 2nd, 2020

Bridge Bancorp, Dime Community Bancshares announce $489m merger deal

(adsbygoogle = window.adsbygoogle || []).push({}); Bridge Bancorp, Dime Community merger : Bridge Bancorp has signed an all-stock merger deal worth about $489 million with rival New York State bank More...

By businessnewstoday On Sunday, June 14th, 2020

SBI Insta Saving Bank Account for instant digital savings accounts re-launched

State Bank of India (SBI) has re-launched its Aadhaar Card-based instant digital savings account called ‘SBI Insta Saving Bank Account’ for customers who want to open a bank account through its YONO digital More...

By businessnewstoday On Wednesday, May 27th, 2020

COVID-19 forces Texas Capital, Independent Bank to call off $5.5bn merger

The prevailing coronavirus pandemic has forced US bank holding companies Texas Capital Bancshares and Independent Bank Group to terminate their previously announced all-stock merger of equals worth $5.5 billion. Both More...

By businessnewstoday On Tuesday, April 28th, 2020

HSA Bank to acquire State Farm Bank’s health saving accounts

HSA Bank, a division of Webster Bank and Webster Financial, the holding company for Webster, has agreed to acquire the existing health savings accounts (HSAs) of State Farm Bank, a subsidiary of State Farm Mutual More...

By businessnewstoday On Sunday, April 26th, 2020

MVB Bank wraps up sale of four banking centers in Eastern Panhandle of West Virginia

MVB Financial said that its fully-owned subsidiary MVB Bank has wrapped up the sale of its four banking centers located in the Eastern Panhandle of West Virginia to Summit Community Bank, a subsidiary of Summit More...

By businessnewstoday On Wednesday, April 22nd, 2020

ICICI Bank voice banking services launched on Alexa and Google Assistant

India-based ICICI Bank has launched voice banking services by integrating its artificial intelligence (AI) powered chatbot iPal with popular voice assistant apps Amazon Alexa and Google Assistant. The move from More...

By businessnewstoday On Saturday, April 18th, 2020

Citizens Financial Services acquires MidCoast Community Bancorp to expand into Delaware

Citizens Financial Services, the holding company for First Citizens Community Bank (FCCB), has wrapped up its previously announced acquisition of MidCoast Community Bancorp, the parent company for MidCoast Community More...

By businessnewstoday On Saturday, April 11th, 2020

US banks merger : Heartland BancCorp acquires Victory Bancorp for $41m

Heartland BancCorp acquisition of Victory Bancorp : Heartland BancCorp has completed its $41.1 million acquisition of Kentucky-based bank holding company Victory Bancorp, a deal that was signed in December 2019. While More...

By businessnewstoday On Monday, April 6th, 2020

ICICI WhatsApp banking service launched amid coronavirus lockdown in India

ICICI WhatsApp banking service : Indian private banking group ICICI Bank has introduced banking services on Whatsapp to serve its customers during the ongoing nationwide lockdown in the country to prevent the spread More...

By businessnewstoday On Sunday, April 5th, 2020

Investors Bancorp acquires New York-based Gold Coast Bancorp for $63.6m

Investors Bancorp, the parent company of Investors Bank, has wrapped up its previously announced stock cum cash acquisition worth $63.6 million of New York-based Gold Coast Bancorp, the parent company of Gold Coast More...