Announced
Completed
Financials
Tags
bank
Acquisition
financial services
Single Bidder
United States
Private
Domestic
Banks
Completed
Majority
Friendly
Synopsis
Civista Bancshares, a financial holding company headquartered in Sandusky, Ohio, completed the acquisition of Comunibanc, a banking company. Financial terms were not disclosed. "We are very pleased to complete this transaction, which expands our presence in Henry and Wood Counties in Northwest Ohio. We are also excited to welcome Comunibanc's customers and employees to the Civista family. We look forward to collaborating with Comunibanc's team to grow and enhance their banking platform while maintaining strong ties to their communities. We believe the long-term growth potential of this partnership offers substantial upside for shareholders of both organizations," Dennis G. Shaffer, Civista CEO and President.
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