Announced
Synopsis
LINKBANCORP, a state-chartered bank, agreed to merge with Partners Bancorp, a financial services company, in a $168m deal. "This is an exciting combination that accelerates our strategic objectives to create the leading community bank headquartered in the Mid-Atlantic markets. Importantly, LINK shares our values and relationship-based and regional-focused business model. Our combined size and resources will significantly enhance our scale and ability to help customers through higher lending limits and greater investment in technology, and will increase career opportunities for employees. I very much look forward to partnering with the LINK team to grow our combined organization," John W. Breda, Partners Bancorp President, CEO, and Director. On June 22, 2023, LINK and Partners shareholders approved the merger of Partners with and into LINK.
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