Bogota Savings Bank completed the merger with Gibraltar Bank.

Bogota Savings Bank, a banking services provider, completed the merger with Gibraltar Bank, a commercial banking services provider. Financial terms were not disclosed. “We are pleased to partner with Gibraltar, a bank with similar culture and values. We are very familiar with Gibraltar and believe the bank will be a great complement to us. This combination will be positive for both banks and ensures a stronger local banking presence throughout our communities. We look forward to having a greater impact in our market area,” Joseph Coccaro, Bogota Bank President and CEO.