December 1, 2021
On November 23, 2021, Lincoln Park Bancorp, Pine Brook, New Jersey, announced the signing of a definitive merger agreement with Ion Financial, MHC, Naugatuck, Connecticut, pursuant to which Lincoln Park Bancorp will merge into Ion Financial, MHC and Lincoln 1st Bank, the subsidiary of Lincoln Park Bancorp, will merge into Ion Bank, the subsidiary of Ion Financial, MHC. Simultaneously with the closing of these mergers, Lincoln Park Bancorp, MHC will be dissolved.
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November 16, 2021
On November 12, 2021, C.C. Bancorp, Inc., Little Valley, New York, the holding company for Cattaraugus County Bank, completed a private placement of $10.5 million of its 3.75% Fixed-to-Floating Rate Subordinated Notes due 2031.
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November 9, 2021
On October 30 2021, Scott Brown presented at The Annual Financial Institutions Finance and Accounting Conference hosted by the Massachusetts Bankers Association and Financial Managers Society. Mr. Brown focused on current trends and issues impacting community banking, including the current mergers and acquisitions landscape, emerging regulatory trends and corporate governance hot topics.
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November 8, 2021
On November 4, 2021, Jeffrey Cardone presented at the Vermont Bankers Association Trustees and Director Forum. Mr. Cardone discussed critical issues facing the leadership of today’s community banks, including an update on mergers and acquisitions and regulatory and governance matters impacting the community bank industry.
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November 2, 2021
On October 16, 2021, Kent Krudys presented at the CBA Annual Convention. Mr. Krudys led a discussion on current trends in community banking, including topics related to mergers and acquisitions, regulatory matters and boardroom diversity.
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