Wings Credit Union Acquires Settlers bank

Beacon Credit Union Acquires Mid-Southern Savings Bank, FSB

January 26, 2024

Financial Services

Beacon Credit Union (BCU) entered a definitive purchase and assumption agreement to acquire substantially all assets and assume substantially all liabilities of Mid-Southern Savings Bank, FSB (MSB). The deal — BCU's first community bank acquisition — expands Beacon's footprint in southern Indiana; it is subject to MSB shareholder and regulatory approvals and is expected to close in Q3 or Q4 2024. MSB leadership will transition into roles at BCU and BCU intends to keep MSB branches and loan production offices open following completion.

Winged Keel Group Acquires MBW Group

July 7, 2025

Wealth Management

Winged Keel Group has acquired Minneapolis-based MBW Group and opened a new Minneapolis office led by former MBW principals Jeffery W. Bird and David A. Wischmeier. The deal expands Winged Keel's national high-end life insurance platform and strengthens its capabilities serving ultra-high-net-worth families and business owners in the Midwest.

Citizens Financial Group Acquires Investors Bancorp

April 7, 2022

Financial Services

Citizens Financial Group, Inc. has completed its acquisition of Investors Bancorp, Inc., merging Investors and Investors Bank into Citizens and Citizens Bank, National Association respectively. The deal adds more than 200 branches and over 1,600 employees, strengthening Citizens' retail and commercial banking presence across the New York City and Philadelphia metropolitan areas and throughout New Jersey.

Lake Michigan Credit Union Acquires Pilot Bancshares (Pilot Bank & NAFCO)

June 16, 2021

Financial Services

Lake Michigan Credit Union (LMCU) agreed to acquire Pilot Bancshares, Inc., the holding company for Tampa-based Pilot Bank and National Aircraft Finance Company, in an all-cash transaction that will pay Pilot shareholders $6.25 per share. The deal expands LMCU’s Florida footprint to 19 branches and adds Pilot’s aircraft finance and SBA origination capabilities, increasing LMCU’s total assets and deposit base in the state.

Redwood Family Care Network (Webster Equity Partners) Acquires Eagles Wing

October 7, 2025

Healthcare Services

Redwood Family Care Network, a multi-state provider of services to individuals with intellectual and developmental disabilities and a portfolio company of Webster Equity Partners, has acquired Minnesota-based Eagles Wing. The acquisition expands Redwood's geographic footprint into the Midwest and augments its residential and day support services for individuals with developmental disabilities.

United Federal Credit Union Acquires Edgewater Bank

October 27, 2020

Financial Services

United Federal Credit Union will acquire the assets and assume the liabilities of Edgewater Bank in an all-cash transaction. Edgewater Bancorp and Edgewater Bank will liquidate and distribute remaining cash to stockholders; the deal expands United's branch network and increases its assets to roughly $3.5 billion.