Federal Government Proposes Rule to Strengthen Capital Positions of Largest U.S. Bank Holing Companies

  • 15 December 2014
  • Author: Smillie, Monica
  • Number of views: 2879

The proposal establishes a methodology to identify whether a U.S. bank holding company is a GSIB - a global systemically important banking organization.  A firm identified as a GSIB would be subject to a risk-based capital surcharge that is calibrated its systemic risk profile.  Eight U.S. firms would currently be identified as GSIBs under the proposal:  Bank of America, Bank of NY Mellon, Citigroup, Goldman Sachs, JP Morgan Chase, Morgan Stanley, State Street and Wells Fargo.

Inland Bank & Trust Agrees to Aquire College Savings Bank

  • 17 November 2014
  • Author: Smillie, Monica
  • Number of views: 3916

Oak Brook, Illinois-based Inland Bank & Trust agreed to acquire College Savings Bank, a $477 million bank in Princeton, New Jersey that caters exclusively to parents and others saving for college [$351 million in stable deposits].  College Savings Bank administers state college savings plans in Montana, Arizona and Indiana and previously operated College Savings Trust, a Montana-chartered trust company.

BB&T Corp. Agrees to Buy Susquehanna Bancshares

  • 17 November 2014
  • Author: Smillie, Monica
  • Number of views: 3022

In a cash and stock deal valued at $2.5 billion, BB&T Corp. of Winston-Salem, North Carolina agreed to buy Susquehanna Bancshares of Lancaster, Pennsylvania with closing projected for the 3rd quarter of 2015.

Glacier Bancorp, Inc. Announces Acquisition of Community Bank, Inc. In Ronan, Montana

Glacier Bancorp will acquire Ronan-based holding company Montana Community Banks, Inc. and its banking subsidiary - the $180-million Community Bank with offices in Ronan, Pablo, Polson and Missoula.

Heartland Financial USA Enters Into Merger Agreement with Community Banc-Corp

Heartland Financial USA announced that it had entered into a definitive merger agreement with Community Banc-Corp, holding company for the $525 million Community Bank & Trust of Sheboygan, Wisconsin. The bank will be merger in Heartland’s Wisconsin Bank & Trust subsidiary.




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