American Bancorp completed the merger with New Republic Partners.

American Bancorp, a bank holding company, completed the merger with New Republic Partners, a bank. Financial terms were not disclosed. “This partnership with New Republic Partners represents a resounding vote of confidence from the shareholders and teams at both organizations. The transaction was structured as a stock-for-stock exchange, which is an important signal of confidence from New Republic Bank’s shareholders, who have now become shareholders in American Bancorp,” Dominik Mjartan, American Bancorp President & CEO.