
Fountain Trust acquires Illinois bank
The Fountain Trust Company, Covington, completed its acquisition of The Gifford State Bank, Gifford, IL, on March 10.

The Fountain Trust Company, Covington, completed its acquisition of The Gifford State Bank, Gifford, IL, on March 10.

The all-cash deal is valued at $40 million.

The combined entity has approximately $294 billion in assets, making it the ninth-largest U.S. bank.

First Financial Bank, Cincinnati, completed its acquisition of BankFinancial, Chicago, effective Jan. 1, in an all-stock transaction valued at $142 million.

First Savings Bank, Jeffersonville, completed its merger with and into First Merchants Bank, Muncie, with a stock transaction effective Feb. 1.

The all-stock transaction valued at $82 million will result in the creation of a new financial institution.

First Financial Bank, Cincinnati, announced Nov. 3, 2025, it has closed on its acquisition of Westfield Bancorp Inc. in a cash and stock transaction.

Huntington Bancshares Inc., parent company of Huntington Bank, Columbus, Ohio, and Veritex Holdings Inc., a bank holding company headquartered in Dallas, announced July 14 entry into a definitive merger agreement.

Fifth Third Bank, Cincinnati, is set to acquire Comerica, Dallas, in an all-stock transaction valued at $10.9 billion.

The all-stock transaction valued at $241.3 million was announced Sept. 25, and expected to close in the first quarter of 2026.

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