University Bancorp in Ann Arbor, Mich., has agreed to buy Greater Pacific Bancshares in Whittier, Calif. University said in a press release that it will also buy American Finance House LARIBA, a mortgage and auto lender based in Pasadena, Calif. The deals are expected to close in the first half of 2026. Greater Pacific is the parent of the $167 million-asset Bank of Whittier. LARIBA has $18 million of assets.

Hana Financial Group in South Korea has injected $100 million into its U.S. bank. Hana Bank USA was created in 2013 after the parent company bought Broadway National Bank. Hana Financial injected $36.5 million into the bank in 2016 and another $65 million six years later. Hana Bank USA's maximum lending limit per customer should double with the infusion, to $32 million.

Mercury has applied to regulators to become a nationally chartered bank. The San Francisco fintech said in a press release that it applied with the Federal Deposit Insurance Corp. for deposit insurance and with the Office of the Comptroller of the Currency for a national bank charter. "Becoming an FDIC-insured national bank aligns with our long-term vision and will allow Mercury to deliver a better customer experience at scale," Immad

Thread Bancorp in Nashville, Tenn., raised $30.5 million. The company said in a press release that the funding round was led by Portage Ventures, with participation from Rockmont Partners and others. Proceeds will be used to support the continued growth and development of Thread’s embedded banking strategy. Thread aims to provide embedded “digital branches” through small business and consumer brands and vertical SaaS companies. “From the outset, our mission at

Burke & Herbert Financial Services in Alexandria, Va., has agreed to buy LINKBANCORP in Camp Hill, Pa. The $8 billion-asset Burke & Herbert said in a press release that it will pay $354.2 million in stock for the $3.1 billion-asset LINKBANCORP. The deal, which is expected to close in the second quarter, priced LINKBANCORP at 151% of its tangible book value. The acquisition “marks another transformative milestone in Burke &

Farm Credit Bank of Texas has a new leader lined up. The lender hired Brandon Blaut as its CEO, effective Jan. 1, based on a LinkedIn post by Chartwell Partners, which handled the search. Blaut, who was the chief operating officer, will succeed the retiring Amie Pala. “We were honored to partner with the board of directors of Farm Credit Bank of Texas on this important leadership transition,” Scott Petty

CVB Financial in Ontario, Calif., has agreed to buy Heritage Commerce in San Jose, Calif. The $15 billion-asset CVB said in a press release that it will pay $811 million in stock for the $5.6 billion-asset Heritage. The deal, which is expected to close in the second quarter, priced Heritage at 151% of its tangible book value. “This will be the most strategic and the largest acquisition by assets in

Community West Bancshares in Fresno, Calif., has agreed to buy United Security Bancshares in Fresno. The $3.6 billion-asset Community West said in a press release that it will pay $191.9 million in stock for the $1.2 billion-asset parent of United Security Bank. The deal, which is expected to close in the second quarter, priced United Security at 143.7% of its tangible book value. Dennis Woods, United Security's chairman, president and