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Announced

FCN Bank merged with Dearborn Savings Bank.

Financials

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Pending

United States

bank

Private

Merger

Banks

Acquisition

Single Bidder

Synopsis

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FCN Banc, parent company of FCN Bank. located in Brookville, Indiana and DSA Financial, parent company of Dearborn Savings Bank located in Lawrenceburg, Indiana announced today the signing of a definitive agreement whereby Dearborn Savings Bank will merge with and into FCN Bank, creating the largest community bank headquartered in southeastern Indiana. Financial terms were not disclosed. "There is such a commonality between FCN and Dearborn Savings Bank in our cultures, and our commitments to serve our customers and communities. Together we can continue to offer great products and service options, along with experienced bankers to compete with the bigger banks, while still maintaining the community values that our customers have grown accustomed to. We look forward to working together to continue this legacy as the premier community bank in the region.” Thomas Horninger, FCN Bank President and Chief Executive Officer.

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