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Announced

Crane Credit Union to acquire Our Community Bank from Home Financial Bancorp.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Acquisition

Pending

Friendly

bank

Banks

United States

Private

Single Bidder

Synopsis

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Crane Credit Union, a provider of banking services, agreed to acquire Our Community Bank, which personal banking services provider, from Home Financial Bancorp, a bank holding company. Financial terms were not disclosed. “We are excited to join Crane Credit Union because of the expanded opportunities it brings to our customers, our employees, and our communities. CCU has the financial strength, systems infrastructure, and expanded products to help us better serve our current and potential customers. Most importantly, CCU and OCB fit culturally and philosophically,” Kurt Rosenberger, Our Community Bank President & CEO.

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