Announced
Financials
Tags
banking
Acquisition
Banks
Private
Single Bidder
Merger
Majority
Friendly
Pending
Domestic
United States
Synopsis
High Point Financial Services, a parent company of Solutions Bank, agreed to merge with Durand Bancorp, a parent company of Durand State Bank. Financial terms were not disclosed. "We believe this combination will better align our resources, enhance our financial strength, and expand our product offerings and technology solutions, all of which will allow us to even better-serve our customers and communities," Kathy Sutherland, Durand President & CEO.
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