On August 24, 2021, Berkshire Hills Bancorp, Inc. entered into an agreement to sell its insurance subsidiary, Berkshire Insurance Group, Inc., to Brown & Brown of Massachusetts, LLC. Berkshire Hills Bancorp, Inc. is the holding company of Berkshire Bank, which operates 115 banking offices primarily in New England and New York. Berkshire Hills Bancorp, Inc…. Read more »

On August 19, 2021, Tempo Bank, Trenton, Illinois, its parent company, Sugar Creek Financial Corp., and Scott Credit Union, Edwardsville, Illinois, announced that they have entered into an agreement pursuant to which Scott Credit Union will acquire the assets and assume the liabilities of Tempo Bank in an all-cash transaction. Following the completion of the… Read more »

On August 9, 2021, Orange County Bancorp, Inc., parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc., closed its initial public offering of common stock. Orange County Bancorp sold 1,150,000 shares of its common stock at a public offering price of $33.50 per share, including 150,000 shares of common stock… Read more »

On August 5, 2021, BayVanguard Bank, Edgemere, Maryland, entered into a merger agreement with North Arundel Savings Bank, Pasadena, Maryland, pursuant to which North Arundel will merge with and into BayVanguard Bank. As part of the merger transaction, BV Financial, Inc., the mid-tier holding company of BayVanguard Bank, will issue additional shares of its common… Read more »