M&A
confidence high
sentiment neutral
materiality 0.75
CCFNB and Muncy receive regulatory approvals for merger of equals; close expected Nov 11, 2023
MUNCY COLUMBIA FINANCIAL Corp
- Receives regulatory approvals from Pennsylvania Dept of Banking, FDIC, and Federal Reserve Bank of Philadelphia.
- Merger expected to close on or about November 11, 2023, subject to shareholder approvals and customary closing conditions.
- Combined bank to be renamed 'Journey Bank'; holding company renamed 'Muncy Columbia Financial Corporation.'
- Merger agreement originally dated April 17, 2023, amended June 21, 2023.