On November 17, 2016, First Interstate BancSystem, Inc. (“First Interstate”), Billings, Montana, and Cascade Bancorp (“Cascade”), Bend, Oregon, entered into a definitive merger agreement pursuant to which Cascade will merge with and into First Interstate, with First Interstate as the resulting company for total merger consideration of approximately $589.0 million.
Read More...On November 17, 2016, Abington Bank (“Abington”), Abington, Massachusetts, and Holbrook Cooperative Bank, (“Holbrook”), Holbrook, Massachusetts, jointly announced that Holbrook will merge with and into Abington with the Holbrook location being operated as “Holbrook Cooperative Bank, an Affiliate of Abington Bank.”
Read More...Messrs. Luse and Krudys presented “Charter Choice; Opportunities and Challenges” at the Pennsylvania Association of Community Bankers Mutuality Conference in Hershey, Pennsylvania.
Read More...On November 8, 2016, Heartland Financial USA, Inc., a Dubuque, Iowa-based bank holding company with over $8.0 billion in assets, completed a $50.0 million public offering of 1,379,690 shares of its common stock.
Read More...Messrs. Gorman and Spaccasi presented “The Board’s Role in Merger and Acquisition Transactions” at the Director’s Boot Camp at the 2016 ABA Annual Convention in Nashville, Tennessee.
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