Regulators Approve Mergers; Announced by Community Banks
27 Fevereiro 2007 - 6:14PM
PR Newswire (US)
HARRISBURG, Pa., Feb. 27 /PRNewswire-FirstCall/ -- The announced
mergers between the bank subsidiary of Community Banks, Inc.
(NASDAQ:CMTY) and East Prospect State Bank and between Community
Banks, Inc. and BUCS Financial Corp have been approved by the
banking regulators. Community Banks, Inc., a financial holding
company with approximately $3.5 billion in assets and 74 banking
offices throughout central and eastern Pennsylvania and northern
Maryland, is headquartered in Harrisburg, Pennsylvania. East
Prospect State Bank has one banking office in East Prospect,
Pennsylvania and over $58 million in total assets. BUCS Financial
Corp, a bank holding company with approximately $149 million in
assets and 4 banking offices, is headquartered in Owings Mills,
Maryland. Upon consummation of the transactions, East Prospect's
banking office will become a part of CommunityBanks' York Region,
and its twentieth office in York County, Pennsylvania. The BUCS
banking offices will expand CommunityBanks' presence in Maryland.
If the East Prospect and BUCS shareholders approve the mergers at
their meetings on March 14 (East Prospect) and March 21 (BUCS), the
companies expect to complete the mergers on April 1, 2007. This
press release contains "forward-looking" information as defined by
the Private Securities Litigation Reform Act of 1995, which is
based on Community's current expectations, estimates and
projections about future events and financial trends affecting the
financial condition of the businesses. These statements are not
historical facts or guarantees of future performance, events, or
results. Such statements involve potential risks and uncertainties
and, accordingly, actual performance results may differ materially.
Community undertakes no obligation to update or revise forward-
looking information, whether as a result of new, updated
information, future events, or otherwise. DATASOURCE: Community
Banks, Inc. CONTACT: Jennifer Clippinger of CommunityBanks,
+1-717-920-5838
Copyright
Community Bks Millersbur (MM) (NASDAQ:CMTY)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024
Community Bks Millersbur (MM) (NASDAQ:CMTY)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024
Notícias em tempo-real sobre Community Bks Millersbur (MM) da NASDAQ bolsa de valores: 0 artigos recentes
Mais Notícias de Community Banks (MM)