Acquiring Company
LevelField Financial
Acquired Company
Burling Bank
HoustonChicagoFinancial ServicesOther Banking And Financial ServicesFinancial ServicesFinanceLendingBankingDescription
LevelField Financial has received approval to acquire Burling Bank, aiming to become the first full-service FDIC-insured bank to offer digital asset services in all U.S. states. Following the acquisition, it will launch innovative banking products, including loans collateralized by Bitcoin. The transaction is subject to customary closing conditions and regulatory approvals. This acquisition marks a significant advancement in the integration of traditional banking with digital asset services.
Quick answer
LevelField Financial is acquiring Burling Bank, announced November 17, 2025. LevelField Financial is based in Houston, Texas, United States.
- How much did LevelField Financial pay for Burling Bank?
- The deal value was not disclosed.
- What does LevelField Financial do?
- LevelField Financial is a Houston-based financial services company that combines traditional banking with digital asset products and services on a single platform.
- Where are LevelField Financial and Burling Bank based?
- LevelField Financial is based in Houston, Texas, United States. Burling Bank is based in Chicago, Illinois, United States.
Source: Fundz verified event record.
Other recent acquisitions in Financial Services and Other Banking And Financial Services
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- First Merchants Corporation to Acquire First Savings Financial Group, Inc. (December 19, 2025)
- MWA Financial acquires Stonewood Financial Planning (December 18, 2025)
- Mercantile Bank acquires Eastern Michigan Financial (December 16, 2025)
- Santander to acquire TSB Bank for £2.9 billion, $3.8B (November 13, 2025)
- Civista Bancshares merges with Farmers Savings Bank (November 6, 2025)
- First Mid Bancshares, Inc. to Acquire Two Rivers Financial Group, Inc. (October 30, 2025)
Who to call at LevelField Financial, and when
When LevelField Financial changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day LevelField Financial raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at LevelField Financial, from your own LinkedIn network
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Frequently asked
Who acquired Burling Bank?
Burling Bank was acquired by LevelField Financial, based in Houston. The deal was reported on November 17, 2025. LevelField Financial is a Houston-based financial services company that combines traditional banking with digital asset products and services on a single platform. LevelField Financial is privately held and operates in Financial Services.
When did LevelField Financial acquire Burling Bank?
LevelField Financial's acquisition of Burling Bank was reported on November 17, 2025. LevelField Financial has received approval to acquire Burling Bank, aiming to become the first full-service FDIC-insured bank to offer digital asset services in all U.S. states. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Burling Bank do?
Burling Bank is a financial institution based in Chicago, Illinois. It provides a variety of banking services and has a strong community banking foundation. Post-acquisition, it will be renamed LevelField Bank. It is privately held, operating in Financial Services, and is based in Chicago.
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