CCFNB and Muncy Bank shareholders approve merger of equals
MUNCY COLUMBIA FINANCIAL Corp
- Shareholders of both CCFNB (OTCPK: CCFN) and MBF (OTCQB: MYBF) approved merger on Oct 3, 2023.
- CCFNB votes: 1,433,971 for, 68,915 against, 19,328 abstain; adjournment proposal also passed.
- MBF will merge into CCFNB, which will be the surviving corporation under the April 2023 agreement.
- Closing remains subject to customary conditions; deal expected to create leading community bank in central PA.