Arizona’s Bancorp 34 and CBOA Financial to merge in $28m all-stock deal
Bancorp 34 (BCTF), the holding company of Bank 34, and CBOA Financial, the holding company of Commerce Bank of Arizona, have signed a $28 million worth all-stock merger deal to create the second largest Arizona-based bank with assets of around $ 1 billion. As per the terms of the deal, CBOA Financial’s shareholders will exchange […]