STCU to acquire Community Bank for $548m.

Synopsis

STCU, a credit union chartered in the state of Washington and North Idaho, agreed to acquire Community Bank, a bank in Joseph, Oregon, for $548m.

Principals

Community Bank

Spokane Teachers Credit Union (stcu)

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Market Context

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Seller Team (3)

peter weinstock

Partner at Hunton Andrews Kurth

Lawyer

target

Deals

£ 1.39 B

Total Value

tom moran

CEO at COMMUNITY BANK

Manager

target

Deal

£ 429 M

Total Value

heather archer eastep

Partner at Hunton Andrews Kurth

Lawyer

target

Deals

£ 726 M

Total Value

Bidder Team (1)

ezra eckhardt

CEO at SPOKANE TEACHERS CREDIT UNION (STCU)

Manager

bidder

Deal

£ 429 M

Total Value

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