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Acquisition

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Trabian Acquires Mesh to Expand Banking Innovation Capabilities

Acquisition from Core10 adds expanded integration, analytics, and embedded finance offerings Trabian Technology, Inc. (”Trabian”) is excited to announce its acquisition of the Mesh platform, a powerful middleware platform that streamlines banking operations, from Core10, Inc. (“Core10”). This strategic acquisition strengthens Trabian’s position in the market and expands its ability to deliver innovative, reliable, and […]

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Global Federal Credit Union Officially Acquires First Financial Northwest Bank

As of Saturday, April 12, 2025, Global Federal Credit Union (Global) is officially managing the operations of First Financial Northwest Bank (FFNWB). In an agreement that closed at midnight last Friday, Global, with headquarters in Anchorage, Alaska, acquired substantially all assets and assumed substantially all liabilities (including deposit liabilities) of FFNWB, headquartered in Renton, Washington. Global

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Legacy Credit Union to Acquire First Community Bank

Legacy Credit Union expands to serve beyond the Greater Birmingham Area and into Cullman, Alabama. Legacy Community Federal Credit Union and First Community Bank of Cullman announced today that they have executed a Definitive Agreement for the Purchase and Assumption of the assets and liabilities of First Community by Legacy. The transaction has already received unanimous approval from

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Global Credit Union and First Financial Northwest, Inc. Announce Receipt of Final Regulatory Approval for Transaction

Global Federal Credit Union and First Financial Northwest, Inc., the holding company for First Financial Northwest Bank, jointly announced today that Global received the required regulatory approval from the National Credit Union Administration for its acquisition of substantially all of the assets and assumption of substantially all of the liabilities (including deposit liabilities) of the

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FDIC Issues Policy Statement With Hardly a Whisper from Credit Unions

No, the FDIC isn’t the usual agency credit unions comment on its regulations, but the agency issued a Statement of Policy on Bank Merger Transactions that notes the credit union and fintech buys of banks. According to Honigman Partner Michael Bell, Esq., it shouldn’t change much for the credit union-bank buy process. He told The

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