On November 30, 2023, Evans Bancorp, Inc., Williamsville, New York, the holding company for Evans Bank, N.A., completed the sale of its insurance subsidiary, The Evans Agency, to Arthur J. Gallagher & Co.
Read More...On November 30, 2023, LINKBANCORP, Inc., Camp Hill, Pennsylvania, the holding company for LINKBANK, completed its merger with Partners Bancorp, Salisbury, Maryland, the holding company for The Bank of Delmarva and Virginia Partners Bank.
Read More...On November 29, 2023, Eagle Financial Bancorp, Inc., Cincinnati, Ohio, announced the signing of a merger agreement with LCNB Corp., Lebanon, Ohio, pursuant to which Eagle Financial Bancorp will merge with and into LCNB Corp. in a stock-and-cash transaction valued at approximately $23.1 million. As part of the transaction, EAGLE.bank will merge with and into LCNB National Bank.
Read More...On November 15, 2023, Scott A. Brown presented at the New Hampshire/Vermont Bankers Association 2023 Fall Compliance Workshop in Concord, New Hampshire. The session focused on certain current federal matters impacting community banks, including a summary of the Supreme Court case analyzing the constitutionality of the CFPB, the current mergers and acquisitions landscape, including a discussion of the revamping of the Department of Justice merger guidelines, the recent guidance on vendor management and proposed legislation regarding the clawback of executive compensation. The presentation included the practical impact on each specifically on community banks.
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