The Federal Reserve has approved Peoples Bancorp Inc.’s proposed $76.6 million acquisition of Citizens National Corporation, but the decision exposed a split over how the central bank is weighing competition in already concentrated local banking markets. The 29-page...
Two Virginia community banks are combining in a roughly $253 million transaction that will create a $4.4 billion institution stretching from the Shenandoah Valley through Northern Virginia and into the Washington, D.C., metropolitan area. John Marshall Bancorp, the...
EverBank and WaFd are combining in a $3.9 billion transaction that will create a roughly $75 billion banking company — but for the housing industry, the more revealing part of the deal may be what both banks have been moving away from. The companies announced Monday...
Fed Approves $76.6M Peoples-Citizens Deal Over Barr’s Competition Objection
