Announced
Financials
Sources
Tags
Acquisition
Friendly
United States
Banks
Public
Pending
bank holding company
Domestic
Single Bidder
Majority
Synopsis
SoFi, the digital personal finance company, agreed to acquire Golden Pacific Bancorp, a Sacramento, California-based community bank, for $22m. "We believe that by pursuing a national bank charter, we will be able to help even more people get their money right with enhanced value and more products and services. We are thrilled to have found a partner in Golden Pacific Bank to both accelerate our pursuit to establish a national bank subsidiary, as well as begin to expand our offerings in SoFi’s financial products and Galileo’s technology platform to serve local communities. We look forward to working with Virginia and her team," Anthony Noto, SoFi CEO.
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