Latest acquisition is valued at $82.8m
App-based neobank Monzo has yet to make a profit in the UK
Moody’s say that the extension will leave the banks ‘in limbo’
Later today, October 5, Banking Exchange will host a panel of experts to discuss how banks and credit unions can leverage open banking trends in order to transform your institution
Plus: Dupaco Community Credit Union and Home Savings Bank partner and First Citizens and CIT extend merger
Partnership will accelerate technology at community banks across the country
Lake City Banks, Empire State Bank, BCB Bancorp, Citizens Financial Group have all made announcements
Amalgamated Bank and Colombia State Bank have also announced separate merger agreements
Bank of Marin, Fifth Third Bank, Merchants & Marine Bank, Texas Capital Banshares and Patriot National Bancorp have all made announcements
California-based Friendly Hills acquired three offices from Bank of Southern California, while Mississippi-headquartered BankFirst opened another office in the state
