VersaBank secures key approval for acquisition of Stearns Bank Holdingford

VersaBank secures key approval for acquisition of Stearns Bank Holdingford

VersaBank (TSX: VBNK) (NASDAQ: VBNK), a pioneer in digital banking and cybersecurity solutions, has received a crucial nod from the U.S. Federal Reserve for its $13.5 million acquisition of Stearns Bank Holdingford, a move set to significantly expand its operations in the United States. This approval marks a major step in the acquisition process, requiring […]

CBC Bancorp to acquire Bay Community Bancorp in $14 per share all-cash deal

CBC Bancorp to acquire Bay Community Bancorp in $14 per share all-cash deal

CBC Bancorp, the parent company of Commercial Bank of California (CBC), has announced a definitive agreement to acquire Bay Community Bancorp (OTC Pink: CBOBA), which owns Community Bank of the Bay (CBB). The transaction, valued at $14.00 per common share, represents a strategic consolidation of two significant banking entities in California. This merger will bring […]