June 12, 2018
On June 11, 2018, Northwest Bancshares, Inc. (“Northwest”), Warren, Pennsylvania, and Donegal Financial Services Corporation (“Donegal”), Marietta, Pennsylvania, the holding company of Union Community Bank, entered into a definitive merger agreement pursuant to which Donegal will merge with and into Northwest, with Northwest as the resulting company. Each outstanding share of Donegal common stock will be exchanged for 137.84 shares of Northwest common stock and $2,379.09 in cash, for total merger consideration of approximately $85.0 million.
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May 25, 2018
On May 22, 2018, United Bank, Hartford, Connecticut, and Webster Bank, N.A., Waterbury, Connecticut, entered into a purchase and assumption agreement pursuant to which United Bank will purchase from Webster Bank six banking branches located in Connecticut, Massachusetts and Rhode Island with total deposits approximating $120 million.
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May 23, 2018
On May 18, 2018, Hanmi Financial Corporation (“Hanmi”), Los Angeles, California, and SWNB Bancorp, Inc. (“SWNB”), Houston, Texas, entered into a definitive merger agreement pursuant to which SWNB will merge with and into Hanmi, with Hanmi as the resulting company.
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April 27, 2018
On April 25, 2018, First Interstate BancSystem, Inc. (“First Interstate”), Billings, Montana, and Northwest Bancorporation, Inc. (“Northwest”), Spokane, Washington, entered into a definitive merger agreement pursuant to which Northwest will merge with and into First Interstate, with First Interstate as the resulting company.
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March 15, 2018
On March 14, 2018, Coastway Bancorp, Inc., Warwick, Rhode Island, and HarborOne Bancorp, Inc., Brockton, Massachusetts, entered into a definitive merger agreement pursuant to which HarborOne Bancorp will acquire Coastway Bancorp in an all-cash transaction.
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