Like it or not, COVID-19 has had an economic downturn leaving many mergers and acquisitions (M&A) in a state of uncertainty

Specialist financial services investor FJ Capital says the economic recovery and ultra-low interest rates make for ideal merger and acquisition conditions

Deal to create top-20 US bank is scheduled to complete in the first half of 2021

The rules governing bank mergers and acquisitions have not been updated since 1995

The US’s oldest mutual bank is going public on the Nasdaq market as of October 14

Merchants & Marine is expanding in Mississippi, while Woodforest National Bank is growing in North Carolina

California-based tech company is the first such firm to be approved for a bank acquisition and plans a new product launch imminently

Plus: FirstBank Puerto Rico completes Santander purchase, and Farmers and Merchants Bank is approved for community bank merger

Plus: New York-based community banks to combine; Virginia’s Blue Ridge and Bay Banks plan merger

CEO Brian Mauntel has resigned from his position, Heartland Bank announced this week