On June 29, 2021, Bancorp 34, Inc., Alamogordo, New Mexico, the holding company for Bank 34, completed a private placement of $25.0 million of its 4.00% Fixed-to-Floating Rate Subordinated Notes due 2031. The notes are intended to qualify as Tier 2 capital for regulatory purposes.
Read More...On June 10, 2021, Community Bank, Carmichaels, Pennsylvania, entered into an agreement to sell two branch operations located in West Virginia to Citizens Bank of West Virginia, Inc., Elkins, West Virginia, subject to regulatory approvals and other customary closing conditions. As of May 31, 2021, the related deposits totaled approximately $102 million and will be acquired for a 5.00% deposit premium.
Read More...On May 28, 2021, Dollar Mutual Bancorp, Pittsburgh, Pennsylvania, the mutual holding company for Dollar Bank, Federal Savings Bank, completed its acquisition of Standard AVB Financial Corp., Monroeville, Pennsylvania, the holding company for Standard Bank, PaSB.
Read More...On April 21, 2021, Home Savings and Loan Association of Carroll County, F.A., Norborne, Missouri, entered into an agreement pursuant to which it will acquire NBH Bank’s branch office located in Carrollton, Missouri.
Read More...On April 22, 2021, Meridian Bancorp, Inc., Peabody, Massachusetts, announced the signing of a definitive merger agreement with Independent Bank Corp., Rockland, Massachusetts, pursuant to which Meridian will merge with and into Independent.
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