Tuesday, February 5, 2019

Ohio CU Buys Branch and Deposits from United Fidelity Bank

The American Banker is reporting that Superior Credit Union (Lima, OH) has agreed to buy a Cincinnati branch from United Fidelity Bank (Evansville, IN).

The deal includes about $19 million in deposits and an undisclosed amount of assets.

The transaction is expected to close in the second quarter.

Read the story (subscription required).

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