Bank of Ann Arbor to Acquire Huron Valley State Bank for $52.1 Million

Valley National Bancorp to Acquire Providence Financial Corporation

August 25, 2026

Financial Services

Valley National Bancorp announced it has entered into a definitive merger agreement to acquire Providence Financial Corporation, parent company of Providence Bank & Trust. Under the terms, Providence shareholders will receive Valley common stock plus $21.47 in cash per share, with the transaction expected to close in early 2027 subject to approvals.

Independent Bank Corporation Acquires HCB Financial Corp. (Highpoint Community Bank) for $70.2 Million

March 20, 2026

Financial Services

Independent Bank Corporation entered into a definitive merger agreement to acquire HCB Financial Corp., the parent of Highpoint Community Bank, in a cash-and-stock transaction valued at approximately $70.2 million. The deal is designed to expand Independent Bank’s presence across a key Michigan growth corridor between Grand Rapids and Lansing and strengthen its funding and product capabilities.

North Valley Bancshares Acquires Commodore Bank of Somerset

March 4, 2024

Financial Services

North Valley Bancshares, parent of North Valley Bank of Zanesville, signed an all-cash agreement to acquire Commodore Financial Network, parent of Commodore Bank of Somerset; financial terms were not disclosed. The deal — subject to shareholder and regulatory approvals — is expected to close in the second or third quarter of 2024 and will convert the Somerset, Millersport and Hebron Commodore Bank branches to North Valley Bank locations.

Fentura Financial Acquires Farmers State Bank of Munith

December 1, 2021

Financial Services

Fentura Financial, Inc., the holding company for The State Bank, completed its acquisition of Farmers State Bank of Munith, expanding The State Bank's branch network and market footprint. The transaction grows the combined company to roughly $1.4 billion in assets and increases branch offices to 20; Farmers' president Jeanne E. Richter will join The State Bank as a senior officer and systems integration is planned for Q1 2022.

Mid Penn Bancorp Acquires Riverview Financial Corporation

June 30, 2021

Financial Services

Mid Penn Bancorp, Inc. agreed to acquire Riverview Financial Corporation in an all-stock merger valued at approximately $124.7 million, creating a combined community banking franchise with about $4.8 billion in assets. The transaction expands Mid Penn's footprint into the Lehigh Valley and State College markets and adds core deposit funding in western Pennsylvania; it is expected to close in Q4 2021 subject to regulatory and shareholder approvals.

Nicolet Bankshares Acquires Mackinac Financial Corporation (mBank)

April 12, 2021

Financial Services

Nicolet Bankshares, Inc. agreed to acquire Mackinac Financial Corporation and its wholly owned subsidiary mBank in a transaction valued at approximately $248 million. The deal, consisting of roughly 80% stock and 20% cash, expands Nicolet's community banking footprint into Northern Michigan and is expected to close in Q3 2021 subject to regulatory and shareholder approvals.