West Shore Bank Acquires Wealth Management Business of Auto Club Trust, FSB

Grasshopper Bank Acquires Auto Club Trust, FSB

April 1, 2025

Financial Services

Grasshopper Bancorp, Inc. (through its subsidiary Grasshopper Bank, N.A.) completed the merger with Auto Club Trust, FSB in a cash-and-stock transaction, making Grasshopper the exclusive provider of depository and lending solutions (excluding credit cards) to more than 13 million AAA–The Auto Club Group members across a 14-state territory. The combined institution has approximately $1.4 billion in assets; Grasshopper raised roughly $34 million in new equity and issued The Auto Club Group an ownership stake, producing a 31% accretion to tangible book value.

United Community Banks Acquires Three Shores Bancorporation and Seaside National Bank & Trust

July 1, 2020

Financial Services

United Community Banks, Inc. completed its merger with Three Shores Bancorporation, Inc., effective July 1, 2020, with Three Shores' bank subsidiary Seaside National Bank & Trust merging into United's bank subsidiary. United will continue to operate Seaside locations under the Seaside Bank and Trust brand and expects the deal to expand its Florida presence while adding Seaside's wealth management capabilities to United's offerings.

CAPTRUST Acquires Lakeside Wealth Management

June 10, 2020

Wealth Management

CAPTRUST Financial Advisors announced that Lakeside Wealth Management, a Chesterton, Indiana-based wealth management and retirement-plan advisory firm with $1.6 billion in assets under advisement, has joined CAPTRUST. The Lakeside team of 27 employees will take on the CAPTRUST name, expanding CAPTRUST's nationwide headcount and increasing its assets under advisement.

WealthCreate Acquires Multiple Independent Advisory Practices and Rebrands Under WealthCreate

August 12, 2024

Financial Services

Houston-based WealthCreate acquired Texas firms Studemont Group Planning and Steadfast Wealth Strategies, Arizona-based McConnell Financial, California-based FMC Financial Group, and a portion of Ohio-based OneSeven's book of business, adding nearly $50 million in AUM. The acquired practices will operate under the WealthCreate brand as part of a national expansion to broaden service offerings and scale its financial planning platform.

Wealth Enhancement Acquires Wealth Services Division of First International Bank & Trust

April 3, 2025

Financial Services

Wealth Enhancement has acquired the Wealth Services Division of First International Bank & Trust (headquartered in Watford City, North Dakota). The team, which oversees more than $581 million in client assets, will transition to affiliate Wealth Enhancement Trust Services, expanding Wealth Enhancement's trust capabilities and marking the firm's first location in North Dakota.

Pacific Western Bank Acquires Civic Financial Services from Wedgewood

February 2, 2021

Financial Services

Pacific Western Bank (PacWest Bancorp) has purchased Civic Financial Services, a Redondo Beach-based institutional private lender, from Wedgewood, LLC. Civic will operate as a wholly owned subsidiary with William J. Tessar remaining as President; financial terms were not disclosed.