Announced
Completed
Financials
Tags
United States
Banks
Single Bidder
Acquisition
Friendly
Majority
Private
banking
Domestic
Completed
Synopsis
Republic Bank, a bank based in Louisville, Kentucky, completed the acquisition of CBank, a banking institution, for $51m. “This opportunity for CBank to combine with Republic Bank — one of the highest performing and most community-oriented financial institutions in the Midwest and Southeast — is extremely exciting. CBank’s notable and well-established track record in commercial lending and private banking will be further strengthened by this merger with Republic Bank. Republic Bank’s larger capital base and resources will provide larger loan opportunities for our customers and prospects, and a greater depth of products and services for our expanding client base. I am eager to work with Republic Bank’s talented team to provide exceptional community banking service,” Dean Meiszer, CBank CEO.
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