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M&A - Banking Exchange
The merger will create a banking group with $1.8 billion in assets
PCSB Bank will operate as a separate bank subsidiary of Brookline when the deal concludes later this year
At the same time, Florida’s First Home Bank has rebranded to BayFirst
Two major deals are going to be the subject of public hearings as scrutiny of transactions increases
Michael Hsu calls for reform but rejects the idea of a moratorium on transactions
United is targeting an expansion into ‘attractive’ Southeastern markets
The two banks were unable to agree an extension to the acquisition plan despite regulatory approval
The acquisition is a move to strengthen First Bancshares’ presence in the Florida panhandle region
The strategic purchase serves to accelerate the company’s growth in the lucrative Rocky Mountains region
Needham Bank acquires Cannabis Banking, while merger completion date announced by Citizens Financial Group and Investors Bancorp
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Webinar: Card Based Faster Payments in Today’s Digital Economy

Time/Date: June 28, 2022, at 2:00 ET

Consumers and businesses want instant gratification and the ability to move money in just minutes. From payroll to P2P to insurance benefits, demand is rising for instant disbursement. However, there are pain points in the current money movement ecosystem, and to address them, financial institutions need a payments strategy that addresses the dramatic rise in faster payments.

In this Banking Exchange hosted webinar on June 28, 2022, at 2:00 ET, Jaspreet Singh, Head of A2A/P2P Commercialization, Visa Direct at Visa Direct, and Al Griffin, Product Manager at Alacriti, discuss:


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