All articles by Refna Tharayil
Refna Tharayil
Tribe Money Pools launches waitlist for game-changing payment app
Unlike conventional payment apps focused on individual transactions, Tribe Money Pools is purpose-built for collective spending
Atlanta Postal Credit Union and Affinity Bancshares terminate acquisition agreement
The boards of directors from all parties approved the termination following discussions APCU conducted with the Georgia Department of Banking and Finance and other applicable regulatory agencies
HomeStreet Bank to divest $990m loan portfolio to Bank of America
The transaction, structured on a servicing-retained basis, is valued at 92% of the loans’ principal balance, including the retained servicing rights
BBVA completes migration of data platform ADA to AWS cloud
The migration process involved transitioning tens of thousands of processes and thousands of users to the cloud
First Busey and CrossFirst Bankshares shareholders approve $917m merger
Following the merger, First Busey shareholders will own approximately 63.5% of the combined company, while CrossFirst Bankshares shareholders will hold the remaining 36.5%
Hanscom Federal Credit Union to acquire Peoples Bank in all-cash deal
The common stock of Peoples Bancorp will no longer be publicly listed following the deal’s closure
Delaware approves Capital One’s $35.3bn acquisition of Discover Financial Services
The deal, which was announced in February 2024, is still subject to other closing conditions, including approval by the shareholders of both companies, as well as the Federal Reserve Board and the Office of the Comptroller of the Currency
ACNB and Traditions Bancorp announce receipt of shareholder approvals for acquisition
At a special meeting of shareholders held on December 18, 2024, ACNB shareholders approved the issuance of shares of ACNB common stock to Traditions shareholders as part of the acquisition pursuant to an Agreement and Plan of Reorganization dated July 23, 2024
First Commonwealth to acquire CenterGroup Financial in $54.6m deal
The merger will add around $348.4m in total assets, three branch locations, a loan production office, and a mortgage office to First Commonwealth’s operations in Cincinnati, Ohio
Mastercard and Dgpays partner to accelerate digital payment innovation in region
As part of the partnership, Mastercard and Dgpays will co-develop advanced payment technologies and loyalty solutions tailored to the unique needs of markets across the region