CoVantage to acquire LincolnWay from LWCBancorp.

CoVantage, a financial cooperative, agreed to acquire LincolnWay, a community bank, from LWCBancorp, a bank holding company. Financial terms were not disclosed. "We are pleased to have found a partner whose culture and values are well aligned with CoVantage. LincolnWay Community has focused on making exceptional service a priority for their personal and business banking customers like we do for those we serve at CoVantage. They are extraordinarily successful commercial lenders, particularly in commercial development and commercial real estate lending," Charlie Zanayed, CoVantage CEO.