Announced
Completed
Financials
Tags
Acquisition
banking products
Public
Merger
Banks
Majority
United States
Domestic
bank holding company
Friendly
Single Bidder
Completed
Synopsis
NBT Bancorp, a financial holding company, completed the merger with Salisbury Bancorp, a premier community bank franchise headquartered in Lakeville, CT, in a $204m deal. "We are excited about the consummation of our strategic merger with NBT. We believe Salisbury shareholders will benefit from the additional scale and expanded suite of products and services offered by NBT. I am extremely proud of the employees of Salisbury Bank who have worked diligently over the years to provide outstanding service to our customers and to give back to our communities. I am also grateful to our many customers for allowing us to partner and grow with them. I am confident that our customers will experience the same level of service from NBT," Richard J. Cantele, Salisbury’s President and CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.