LINKBANCORP, INC. Announces Sale of New Jersey Operations
The transaction includes approximately $105 million of deposits and $123 million in loans.
- The transaction includes approximately $105 million of deposits and $123 million in loans.
- The transaction is subject to customary closing conditions, including regulatory approvals, and is expected to close in the second half of 2024.
- Stephens Inc. served as financial adviser and Luse Gorman, PC provided legal counsel to LINK.
- Olden Lane Securities, LLC served as financial adviser and Honigman LLP and The Weber Firm, LLC provided legal counsel to American Heritage Federal Credit Union.