ELGA Credit Union to acquire Marine Bank in $43.75 per share all-cash deal

ELGA Credit Union to acquire Marine Bank in $43.75 per share all-cash deal

ELGA Credit Union (“ELGA CU”) and Marine Bancorp of Florida, Inc. (OTCMKTS: MBOF), the parent company of Marine Bank & Trust Company (“Marine Bank”), have announced a definitive agreement under which ELGA CU will acquire Marine Bank in an all-cash transaction valued at $43.75 per share. This strategic move, unanimously approved by the boards of […]