Strategic Insights into Banking & Fintech

Rhineland Bancshares to buy BancStar in Missouri

Rhineland Bancshares to buy BancStar in Missouri

Rhineland Bancshares in Rhineland, Mo., has agreed to buy BancStar in Pacific, Mo. The $801 million-asset Rhineland expects to complete its purchase of the $191 million-asset BancStar in the first quarter, according to an announcement by Olsen & Palmer, which advised the seller. The price wasn't disclosed. BancStar has three branches.

November 11, 2025
Cornerstone Capital in Alabama forms mortgage joint venture

Cornerstone Capital in Alabama forms mortgage joint venture

Cornerstone Capital Bank in Auburn, Ala., has formed a mortgage partnership with a homebuilder. The bank said in a press release that Ironcrest Mortgage, the venture with Stone Martin Builders, will leverage its lending expertise with the builder's custom homebuilding experience. "We're excited to merge Cornerstone's proven national lending platform with Stone Martin's deep roots and dedication to durable, custom construction," Trey Bell, the bank's builder division president, said in

November 11, 2025
Mutual Bancorp to absorb Bluestone Bank in Massachasetts

Mutual Bancorp to absorb Bluestone Bank in Massachasetts

Mutual Bancorp in Hyannis, Mass., and Bluestone Bank in Raynham, Mass., are merging. Mutual Bancorp, the $7 billion-asset parent of Cape Cod 5 and Fidelity Bank, said in a press release that it expects to complete the merger with the $1.6 billion-asset Bluestone in the third quarter of 2026. Mutual Bancorp will become the largest mutual in New England and the third largest in the country. “Our teams have worked together

November 10, 2025
Huntington in Ohio expanding capital markets ops with Janney businesses

Huntington in Ohio expanding capital markets ops with Janney businesses

Huntington Bancshares in Columbus, Ohio, continues its buying spree, agreeing to buy several business units of Janney Montgomery Scott. Huntington will buy Janney’s merger-and-acquisition advisory, public finance, and fixed-income sales and trading units. The businesses will be integrated into Huntington units, including Capstone Partners, its investment banking advisory arm, and Huntington Securities, which focuses on capital markets and trading services. The pricing wasn't disclosed.

November 10, 2025
Bank Midwest in Iowa promotes insider as its president

Bank Midwest in Iowa promotes insider as its president

Bank Midwest in Spirit Lake, Iowa, has a new president. The $1 billion-asset bank said in a press release that Luke Donnenwerth will remain chief banking officer. “Luke brings a strategic mindset complemented by sound wisdom and practical common sense," Mary Kay Bates, the bank's CEO, said in the release. "His leadership style — defined by humility, intelligence, and unwavering integrity — inspires confidence among colleagues and customers alike."

November 6, 2025
First Financial in Indiana to buy CedarStone in Tennessee

First Financial in Indiana to buy CedarStone in Tennessee

First Financial in Terre Haute, Ind., has agreed to buy CedarStone Financial in Lebanon, Tenn. The $5.7 billion-asset First Financial said in a press release that it will pay $25 million in cash for the $358 million-asset CedarStone. The deal, which is expected to close in the first quarter, priced CedarStone at 108% of its tangible book value. “CedarStone provides us with an opportunity to further expand our franchise in

November 6, 2025
Midland States in Illinois announces bank president’s planned retirement

Midland States in Illinois announces bank president’s planned retirement

Midland States Bancorp in Effingham, Ill., said its bank president will retire next year. The $6.9 billion-asset company said in a press release that Jeffrey Mefford will retire from as its executive vice president on June 30. Jeremy Jameson was named chief banking officer of Midland States Bank. Jameson is the bank's chief credit officer. “Jeff has played a key role in our growth over many years, particularly in strengthening

November 6, 2025
Palmetto Citizens FCU buying four Ga. branches from Southern Financial

Palmetto Citizens FCU buying four Ga. branches from Southern Financial

Palmetto Citizens Federal Credit Union in Columbia, S.C., has agreed to buy four Georgia branches from Southern Financial in Waynesboro, Ga. The $1.4 billion-asset Palmetto Citizens will also obtain $83 million in deposits and $20 million in loans. The deal is expected to close in the first half of next year. Southern Financial estimated that the transaction should be accretive to its tangible book value per share in a range of 75

November 5, 2025