Announced
Completed
Financials
Tags
Banks
Completed
Public
Single Bidder
Merger
United States
bank holding company
Acquisition
Friendly
Majority
Synopsis
CNB Financial, the parent company of CNB Bank, completed the acquisition of Bank of Akron, a provider of banking and financial services, for $64m. "We are excited to have completed this transaction on schedule and to partner with such a high performing bank. We welcome our new team members from the Bank of Akron and we look forward to working side by side with them, in continuing to build a successful franchise with the BankOnBuffalo division," Joseph B. Bower, Jr., CNB Financial President and CEO.
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