Crane Credit Union Acquires Our Community Bank

Dupaco Community Credit Union Acquires Home Savings Bank from Home Bancorp Wisconsin

May 2, 2022

Financial Services

Dupaco Community Credit Union of Dubuque, Iowa completed an all-cash purchase-and-assumption transaction for the assets and liabilities of Home Savings Bank (a subsidiary of Home Bancorp Wisconsin, Inc.). Following the transaction Home Savings Bank will enter liquidation under Wisconsin law and Home Bancorp Wisconsin, Inc. will dissolve and distribute remaining assets to its stockholders.

University Credit Union Acquires Abilene Christian University Credit Union

March 4, 2025

Financial Services

University Credit Union (UCU) and Abilene Christian University Credit Union (ACU Credit Union) have merged, with the transaction approved December 18, 2024 and ratified February 1, 2025. Core banking system conversions were completed March 2, 2025, and the combination expands UCU’s presence in Texas while giving ACU members access to UCU’s digital banking, broader ATM/branch network, and enhanced financial products.

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.

CBC Bancorp Acquires Bay Community Bancorp

May 20, 2024

Financial Services

CBC Bancorp, the holding company for Commercial Bank of California, has completed its acquisition of Bay Community Bancorp, the parent of Community Bank of the Bay, creating a combined franchise with approximately $3.5 billion in assets. The transaction, an all-cash deal at $14.00 per share that transitions CBB to a privately held division of CBC, expands CBC's footprint in Northern California and increases scale for enhanced product offerings and community-focused lending.

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.

ChoiceOne Financial Services Acquires Community Shores Bank Corporation

January 6, 2020

Financial Services

ChoiceOne Financial Services, Inc. agreed to acquire Community Shores Bank Corporation in a stock-and-cash merger to create an approximately $1.5 billion asset bank holding company with 33 offices across West and Southeastern Michigan. The transaction expands ChoiceOne's footprint into Muskegon and Ottawa counties and is expected to close in 2020 pending shareholder and regulatory approvals.