BAWAG to acquire Peak Bancorp for $65m.

BAWAG, a bank, agreed to acquire Peak Bancorp, a banking products and services provider, for $65m. “We are extremely excited about the opportunity to join BAWAG Group, and are proud to be a focal point for its US expansion efforts. This partnership will allow us to continue serving our markets with a Community First focus. We will be able to leverage BAWAG’s resources, depth, and diversification to better serve our communities and banking customers, while also providing exceptional value to Peak Bancorp shareholders," Todd Cooper, Peak Bancorp CEO and President.