Regions Bank Acquires EnerBank USA

Regions Bank Acquires Sabal Capital Partners

December 2, 2021

Financial Services

Regions Bank completed the acquisition of the lending and servicing segments of Sabal Capital Partners, integrating Sabal into its Real Estate Capital Markets division to expand agency multifamily and non‑agency lending and servicing capabilities. The deal excludes Sabal's investment management business, which remains with sellers including CEO Pat Jackson and funds managed by Stone Point Capital LLC.

Regions Bank Acquires Ascentium Capital

April 1, 2020

Financial Services

Regions Bank (Regions Financial Corporation) has completed the acquisition of Ascentium Capital, an equipment finance lender that provides technology-enabled financing solutions to small businesses. The deal (previously owned by Warburg Pincus) expands Regions' commercial lending and equipment finance capabilities to better serve small-business and commercial customers.

United Bankshares Acquires Community Bankers Trust Corporation (Essex Bank)

December 3, 2021

Financial Services

United Bankshares, Inc. completed its acquisition of Community Bankers Trust Corporation, the parent company of Essex Bank, adding an organization with approximately $1.7 billion in assets and headquarters in the greater Richmond, Virginia region. The deal expands United’s Mid‑Atlantic footprint into additional Virginia and Maryland markets; former Community Bankers Trust President and CEO Rex L. Smith III was retained as a Regional President for the former Essex Bank locations.

LendingClub Acquires Radius Bancorp (Radius Bank)

February 1, 2021

Financial Services

LendingClub Corporation completed the acquisition of Radius Bancorp, Inc. and its digital banking subsidiary Radius Bank, combining LendingClub’s online lending marketplace with Radius’s award-winning digital deposit and banking-as-a-service platform. The transaction (announced in February 2020 and closed in February 2021) gives LendingClub a full-spectrum fintech marketplace bank, expands low-cost deposit funding sources, and enhances the company’s ability to offer integrated banking products and BaaS capabilities.

United Bancorporation of Alabama, Inc. Acquires Town-Country National Bank

March 16, 2021

Financial Services

United Bancorporation of Alabama, Inc. (United Bank) signed a definitive agreement to acquire Town-Country National Bank, a Camden, Alabama community bank with approximately $126.2 million in assets, for aggregate cash consideration of $28.5 million. Town-Country will rebrand as Town-Country United Bank and operate as a separate banking subsidiary; TCNB shareholders will receive cash consideration (with a portion paid as a special dividend) and the deal is expected to close in early Q3 2021 subject to shareholder and regulatory approvals.

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.