First Interstate BancSystem in Billings, Mont., has agreed to buy Great Western Bancorp in Sioux Falls, S.D. The $18.9 billion-asset First Interstate said in a press release Thursday that it will pay $2 billion in stock for the $13 billion-asset Great Western. The deal is expected to close in the first quarter. “This is a transformative moment for our 53-year-old company,” Kevin Riley, First Interstate’s president and CEO, said in the release. "The

Republic Bancorp in Louisville, Ky., will have a new bank CEO next month. The $6.2 billion-asset company said in a press release Wednesday that Logan Pichel will succeed Steve Trager as CEO of Republic Bank on Oct. 1. Pichtel, who will remain the bank’s president, has also joined the company’s board. Trager will remain chairman and CEO of the company and chairman of the bank. Scott Trager remains the company’s

Goldman Sachs Group in New York has agreed to buy point-of-sale lender GreenSky for roughly $2.2 billion. The deal is expected to close by the first quarter of 2022.GreenSky offers payment plans to customers who are planning home-improvement projects or have health care costs. Banks use the company’s technology to make loans to super-prime and prime consumers. GreenSky services a $9 billion loan portfolio; roughly 4 million customers have financed more

First Financial Bancshares in Lawrence, Kan., has agreed to buy University National Bank in Lawrence.The parent of the $256 million-asset Great American Bank expects to acquire the $91.9 million-asset University National in the fourth quarter, according to an announcement from Olsen Palmer.The price was not disclosed.University National has one branch.Olsen Palmer advised Lawrence Financial, the parent company of University National.

Home BancShares in Conway, Ark., has agreed to buy Happy Bancshares in Amarillo, Texas.The $17.6 billion-asset Home said in a press release Wednesday that it will pay $919 million in stock for the $6.3 billion-asset parent of Happy State Bank. The deal, which is expected to close in the first quarter, priced Happy at 166% of its tangible book value.Home, the parent of Centennial Bank, will enter Texas when the

First State Fremont in Fremont, Neb., has agreed to buy Two Rivers Bank in Blair, Neb.The $288 million-asset parent of First State Bank & Trust plans to complete the purchase of the $148 million-asset Two Rivers in the fourth quarter, according to an announcement by Olsen Palmer. The price was not disclosed.Two Rivers has two branches.Olsen Palmer advised the seller.

Metropolitan Bank Holding in New York is planning to raise up to $172.5 million from selling common stock. The $5.8 billion-asset company said in a press release Monday that it plans to sell $150 million in public stock offering. The underwriters have an option to buy another $22.5 million of common stock. Metropolitan said it plans to use the net proceeds for general corporate purposes that could include the repayment or redemption

Bank of America will soon have a new chief financial officer as part of several management changes that include the addition of three women to the executive leadership team.The $3 trillion-asset company announced on Friday that Alastair Borthwick, president of global commercial banking, will become CFO in the fourth quarter. He will succeed Paul Donofrio, who will become vice chair and focus on its sustainable finance business and overseeing the