UMB Healthcare Services to Acquire Old National Bank’s HSA Business

HealthEquity Acquires HealthSavings' HSA Portfolio for $60M

December 6, 2021

Healthcare Services

HealthEquity entered into a definitive agreement to acquire the HSA portfolio of Health Savings Administrators, L.L.C. (HealthSavings) for $60 million. The transaction transfers custody of nearly $1.3 billion in HSA assets across approximately 87,000 accounts to HealthEquity.

UMB Financial Corporation Acquires Heartland Financial USA, Inc.

April 29, 2024

Financial Services

UMB Financial Corporation completed its previously announced all-stock acquisition of Heartland Financial USA, Inc., creating a larger regional bank with approximately $68 billion in assets and expanded operations across 13 states. The deal (announced at an implied value of about $2.0 billion and using a 0.55 share exchange ratio) increases UMB's private wealth AUM by roughly 31–32%, adds more than 100 branches and ATMs, and brings HTLF operations onto UMB platforms before full brand conversion.

HSA Bank Acquires SecureSave

December 4, 2025

Financial Services

HSA Bank, a division of Webster Bank (holding company Webster Financial Corporation), has acquired Secure Inc. (d/b/a SecureSave), a provider of employer-sponsored emergency savings accounts. The acquisition expands HSA Bank's Healthcare Financial Services capabilities and makes it one of the largest providers of employer emergency savings accounts; terms were not disclosed and the deal closed on December 4, 2025.

Unified Health Services Acquires Sunbelt Medical Financial (Sunbelt Health)

March 21, 2025

Healthcare Services

Unified Health Services (UHS), a portfolio company of Reynolda Equity Partners, has acquired Sunbelt Medical Financial LLC (Sunbelt Health), a Fort Lauderdale-based provider of outsourced receivables and revenue cycle management services focused on complex and international claims. The add-on expands UHS's capabilities into international claims management and complements its existing workers' compensation RCM offerings; Sunbelt was previously owned by Jon Gordon of Palladian Capital Partners.

Atlantic Union Bankshares Acquires American National Bankshares

April 1, 2024

Financial Services

Atlantic Union Bankshares Corporation completed its merger with American National Bankshares Inc., effective April 1, 2024, in a stock-for-stock transaction valued at approximately $507 million. The deal expands Atlantic Union's footprint across Central, Western and Southern Virginia and provides entry into North Carolina's Piedmont Triad and Raleigh markets.

Fifth Third Acquires Big Data Healthcare

March 7, 2023

Healthcare Services

Fifth Third Bancorp has entered a definitive agreement to acquire Big Data Healthcare, a technology solutions provider that automates healthcare payments and remittance reconciliation. The deal, to be completed by an indirect wholly‑owned subsidiary of Fifth Third, is intended to add national healthcare revenue‑cycle and payments capabilities to Fifth Third’s treasury management and commercial banking offerings; financial terms were not disclosed.