
First Merchants, First Savings enter definitive merger agreement
The all-stock transaction valued at $241.3 million was announced Sept. 25, and expected to close in the first quarter of 2026.

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

Pending shareholder and regulatory approvals, the transaction is expected to close by the end of 2025.

First Financial Bank, Cincinnati, announced the acquisition of Westfield Bank FSB and BankFinancial.

First Busey Corporation, holding company of First Busey Bank, Champaign, Illinois, completed its acquisition by merger of CrossFirst Bankshares Inc., holding company of CrossFirst Bank, Leawood, Kansas, effective March 1.

WesBanco Bank Inc., Wheeling, West Virginia, was approved to acquire Premier Bank, Youngstown, Ohio, on Feb. 12.

Northwest Bank, Warren, PA, is acquiring Jersey Shore State Bank & Luzerne Bank in an all-stock transaction.

Old National Bank, Evansville, is acquiring Bremer Bank, St. Paul, in a merger transaction valued at $1.4 billion.

The two organizations became First Bank Midwest effective July 1, 2026.

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.