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M&A - Banking Exchange
Plus: QCR’s acquisition of Guaranty Federal and TriCo Bank’s merger with Valley Republic Bank are nearing completion
M&A has been under scrutiny since President Joe Biden took office last year
The combined bank will have $5.2 billion in assets and 66 locations across Ohio and Pennsylvania
Ruling will block credit unions and other non-bank entities from banking M&A
Trustmark is set to sell assets for an undisclosed sum in the second quarter of this year
Horizon Bancorp acquisition will add $539.5 million in assets to Arizona Federal’s balance sheet
The companies will operate under their respective brands until March 28, while Commonwealth clients will not see ‘any immediate changes’
The deal had already received approval from the New York State Department of Financial Services
M&T Bank’s planned merger with People’s United is extended by four months as they await regulatory approval
The deal will add 10 branches to Cathay’s California footprint
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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.

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