The merger is expected to close in the third quarter of 2023.
Camp Hill-based Linkbank/Linkbancorp has announced that it plans to merge with Partners Bancorp., a financial services company with two wholly-owned operating subsidiaries, The Bank of Delmarva and Virginia Partners Bank. The merger will take LinkBank into Maryland, Virginia and Delaware.
The combined bank holding company will operate under the Linkbancorp Inc. name and the bank subsidiary will operate as Linkbank. Each of Partners’ subsidiary banks will merge with and into Linkbank. The corporate headquarters of the combined bank holding company and combined bank entity will remain in Camp Hill.The combined company will trade under the Linkbancorp Inc. ticker symbol “LNKB” on The Nasdaq Stock Market.
Joseph C. Michetti Jr., Link’s current chairman, will continue to serve as chairman of the combined company board of directors. Jeffery F. Turner, Partner’s current chairman, will serve as vice chairman of the combined company board of directors until September 2024, when Turner will be appointed chairman of Link.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Police search for missing 16-year-old in Cumberland CountyThe Monroe Township girl was reported missing at 11:30 p.m. on Feb. 15, and has not been seen since.
Lire la suite »
$15K worth of cancer-treating pills stolen from Cumberland County woman: police$15,000 worth of Tagrisso, a pill used to fight lung cancer, were reported stolen in South Middleton Township.
Lire la suite »
Jasper County team takes top prize at 2023 Houston rodeo cookoffCrowned Saturday night in front of an enthusiastic crowd, overall Grand Champion Jasper...
Lire la suite »
Amphitheater girls learn about STEM careersPlus other Tucson education news in brief, including the 2023 Pima County Spelling Bee winners.
Lire la suite »
ACLU suing King County for unhealthy conditions at county jailKing County is being sued by the ACLU of Washington, alleging the county violated an agreement guaranteeing staffing and conditions at the King County Jail.
Lire la suite »
Rihanna set to perform at 2023 OscarsThe superstar is fresh off a record-breaking Super Bowl halftime show, and now sets her sights on the March 12 Oscars.
Lire la suite »