Zip, an Australian provider of Buy Now Pay Later services, has agreed to buy Minneapolis rival Sezzle.Zip said in a press release that it will pay $356 million for Sezzle. The deal is expected to close in the third quarter. “We are delighted to be bringing Zip and Sezzle together under a transformational transaction that is expected to deliver immediate scale and enhanced growth, which will support our path to profitability,”

Huntington Bancshares in Columbus, Ohio, has agreed to buy investment bank Capstone Partners.The $174 billion-asset Huntington said in a press release Tuesday that expects the deal to close in the second quarter. It did not disclose the price it will pay. Capstone focuses on mergers and acquisitions, capital advisory, financial advisory and restructuring projects. "The addition of investment banking and financial advisory services aligns with our capital markets strategic plan and better

DMG Bancshares in Irvine, Calif., has agreed to buy Liberty Bancorp in South San Francisco, Calif. The $207 million-asset DMG said in a press release that it will pay $31.2 million in cash for the $293 million-asset Liberty. Up to $2.9 million of additional cash could be paid to Liberty shareholders "depending on the occurrence of certain events." The deal is expected to close in this summer. Liberty has $216 million of loans

The Spokane Teachers Credit Union has agreed to acquire four branches in Washington from Banner Bank in Walla Walla, Wash. The $4.5 billion-asset credit union said in a press release that it will obtain some deposits from the deal. The transaction is expected to close on June 24. STCU plans to retain all of the branches’ employees. The credit union did not disclose the price it will pay.

United Bankshares in Charleston, W.Va., will have a new CEO next month. The $29.3 billion-asset company said in a press release Monday that Rick Adams will take over the position on April 1. He will succeed Richard Adams, who will remain the company’s chairman. Rick Adams, United’s president, will also join the board. Before joining United in 1994, he was an lawyer at Bowles Rice. Jim Consagra, the company’s chief operating officer, will

Robins Financial Credit Union in Warner Robins, Ga., has agreed to buy Persons Banking in Forsyth, Ga.The $3.9 billion-asset Robins Financial did not disclose the price it will pay for the $430 million-asset Persons. The deal is the second in a week where a Georgia credit union plans to buy a bank. Georgia's Own Credit Union agreed on Feb. 21 to buy Vinings Bank in Smyrna, Ga. “I am enthusiastic about the

TD Bank Group in Toronto has agreed to buy First Horizon in Memphis, Tenn.The $525 billion-asset TD said in a press release Monday that it will pay $13.4 billion in cash for the $89 billion-asset First Horizon. The deal, which is expected to close this fall, priced First Horizon at 210% of its tangible book value. “First Horizon is a great bank and a terrific strategic fit for TD,” Bharat Masrani,

Amalgamated Financial in New York has called off its planned purchase of Amalgamated Bank of Chicago.The $6.9 billion-asset Amalgamated Financial in New York had agreed in September to buy Amalgamated Bank for $98.1 million in cash. Chicago’s Amalgamated has $1 billion of assets. The New York bank said in a press release Friday that it withdrew the merger application for regulatory approval “due to an inability to obtain such approval.” Amalgamated in