Paul Davis

The industry's largest acquisition in more than a decade will create the sixth-biggest bank in the country, with assets of more than $442 billion.

Many federal agencies have been closed for more than three weeks, making it the longest shutdown in U.S. history. With no end in sight, here's how it's affecting banks, credit unions and mortgage lenders.

Selling $1.6 billion in mortgages, and paying off a similar amount of wholesale borrowings, will allow the company to expand its net interest margin in 2019.

Merchants has agreed to buy NattyMac, a company it has been in business with since 2014.

The deal is designed to improve capital ratios and reduce risk at the Seattle company.

Ruoff Financial will make its first push into banking with the purchase of SBB Bancshares.

The Seattle company is firing 127 people, or a tenth of its mortgage staff, after enduring months of slow activity.

The Rhode Island regional agreed to buy Franklin American Mortgage. With the acquisition it would have one of the nation's 15 largest bank-owned mortgage platforms.

The Chicago company said its decision was largely based on intense competition, very low margins and economic changes.

The Seattle company, which is gearing up for a proxy battle with Blue Lion Capital, appointed a former U.S. Bancorp executive to fill a board vacancy.