New York Community Bancorp to Acquire Flagstar Bancorp in $2.6 Billion All-Stock Merger

ODNB Financial And National Capital Bancorp Agree to Merger of Equals Creating $2.4 Billion Bank

June 16, 2026

Financial Services

ODNB Financial Corporation and National Capital Bancorp entered into a definitive merger agreement for a “merger of equals” that will create a community banking organization with approximately $2.4 billion in total assets. National Capital Bancorp will merge into privately held ODNB Financial, with ODNB surviving as the holding company, and Old Dominion National Bank merging into The National Capital Bank of Washington.

Flagstar Financial Merges Holding Company Into Flagstar Bank, N.A.

July 24, 2025

Financial Services

Flagstar Financial, Inc. (NYSE: FLG) announced it received required regulatory approvals to merge the holding company into Flagstar Bank, N.A., with the bank as the surviving entity. The reorganization is also subject to shareholder approval and is expected to be consummated in mid- to late-October (before year-end per the earlier announcement).

CBC Bancorp Acquires Bay Community Bancorp in All-Cash Transaction

May 20, 2024

Financial Services

CBC Bancorp (holding company for Commercial Bank of California) will acquire Bay Community Bancorp (holding company for Community Bank of the Bay) in an all-cash transaction valued at $14.00 per share. Shareholders approved the deal, and the acquisition was later completed, with Community Bank of the Bay becoming a division of CBC.

National Bankshares to Acquire Frontier Community Bank in $17.1 Million Deal

January 25, 2024

Financial Services

National Bankshares and Frontier Community Bank entered into a definitive merger agreement under which National Bankshares will buy Frontier for about $17.1 million. The deal is expected to close in the second quarter of 2024, with Frontier merging into The National Bank of Blacksburg, National Bankshares’ wholly owned subsidiary.

FNB Corporation to Acquire UB Bancorp (Union Bank) in All-Stock Merger

July 21, 2022

Financial Services

UB Bancorp, parent of Union Bank, announced that it has signed a definitive merger agreement under which FNB Corporation will acquire UB Bancorp in an all-stock transaction. The deal is contemplated to close during the fourth quarter of 2022, subject to regulatory approval and UB Bancorp and FNB shareholder approvals.

F.N.B. Corporation Acquires Howard Bancorp, Inc. in $418 Million Stock Deal

January 24, 2022

Financial Services

F.N.B. Corporation (NYSE: FNB) announced and later completed its merger to acquire Howard Bancorp, Inc. (NASDAQ: HBMD) for an all-stock transaction valued at approximately $418 million. The deal included Howard Bancorp’s wholly owned banking subsidiary, Howard Bank, with customers transitioning to FNB systems and branding in early February 2022.