Strategic Insights into Banking & Fintech

Pueblo Bancorp. to buy Ark Valley in Colorado bank merger

Pueblo Bancorp. to buy Ark Valley in Colorado bank merger

Pueblo Bancorp. in Pueblo, Colo., has agreed to buy Ark Valley Bankshares in La Junta, Colo. The parent of the $647.4 million-asset Pueblo Bank and Trust should complete its purchase of the $137.2 million-asset Ark Valley in the first quarter, according to an announcement by Olsen Palmer. The price wasn't disclosed. Olsen Palmer advised Ark Valley.

October 30, 2025
ServBanc Holdco to buy IF Bancorp in Illinois in cash transaction

ServBanc Holdco to buy IF Bancorp in Illinois in cash transaction

ServBanc Holdco in Oswego, Ill., has agreed to buy IF Bancorp in Watseka, Ill. The holding company for the $932.3 million-asset ServBank said in a press release that it will pay $89.8 million in cash for the parent of the $887.7 million-asset Iroquois Federal Savings and Loan Association. The deal is expected to close in the first quarter. The acquisition "presents compelling opportunities for our communities, customers, employees and shareholders," Stavros

October 30, 2025
First Mid in Ill. to buy Two Rivers Financial in Iowa

First Mid in Ill. to buy Two Rivers Financial in Iowa

First Mid Bancshares in Mattoon, Ill., has agreed to buy Two Rivers Financial in Burlington, Iowa. The $7.8 billion-asset First Mid said in a press release that it will pay $94.1 million in stock for the $1.1 billion-asset Two Rivers. The deal, which is expected to close in the first quarter, priced Two Rivers at 104% of its tangible book value. Two Rivers has 14 branches, $901 million in loans,

October 30, 2025
Barclays U.S. unit to buy fintech Best Egg for $800 million

Barclays U.S. unit to buy fintech Best Egg for $800 million

Barclays Bank Delaware has agreed to buy direct-to-consumer lending fintech Best Egg. The U.S. unit of the British bank will pay $800 million for Best Egg in a deal expected to close in the second quarter. Best Egg, formed in 2013, has facilitated more than $40 billion in personal loans to more than two million customers. The fintech is expected to facilitate more than $7 billion in personal loan originations

October 29, 2025
Community State Bank of Orbisonia in Pa. lines up next leader

Community State Bank of Orbisonia in Pa. lines up next leader

Community State Bank of Orbisonia in Pennsylvania is finalizing its leadership succession. The $453 million-asset bank said in a press release that Nicole Wilson will become its president on Feb. 2 and CEO at the end of next year. Wilson, the bank's chief financial officer, will succeed Michael Bibak, who is retiring. “Though Mike’s tenure with Community State Bank has been relatively short, his impact has been significant,” Jessica Tice,

October 29, 2025
Hilltop Bank to buy Cheyenne State Bank in Wyoming bank merger

Hilltop Bank to buy Cheyenne State Bank in Wyoming bank merger

Hilltop Bank in Casper, Wyo., has agreed to buy Cheyenne State Bank in Wyoming. The $1 billion-asset Hilltop did not disclose how much it will pay for the $30.2 million-asset Cheyenne State. The deal is expected to close in the first quarter. “We are thrilled about the opportunity to expand our service in Cheyenne through the acquisition of Cheyenne State Bank,” Greg Dixson, Hilltop's president and CEO, said in a

October 28, 2025
Bank-focused tech firms UFS, BankOnIt merge

Bank-focused tech firms UFS, BankOnIt merge

Banking-focused technology firms UFS and BankOnIT have merged. UFS, which specializes in core banking solutions, managed IT services and cybersecurity, and BankOnIt, a cloud infrastructure provider, announced the merger in a press release. Financial terms were not disclosed. The deal gives UFS clients access to a broader suite of managed IT services and real-time security solutions, while BankOnIt customers will have more options for digital and payment solutions and advisory services.

October 28, 2025
FirstSun Capital to buy First Foundation in Texas

FirstSun Capital to buy First Foundation in Texas

FirstSun Capital Bancorp in Denver has found a new fixer-upper, agreeing to buy First Foundation in Irving, Texas. The $8.5 billion-asset FirstSun, which was unable to buy HomeStreet last year, said in a press release that it will pay $785 million in stock for the $12.6 billion-asset First Foundation. The deal, which is expected to close in the second quarter, priced First Foundation at 80% of its tangible book value.

October 27, 2025