CCFNB Bancorp, Inc. and Muncy Bank Financial, Inc. Complete Strategic Merger of Equals
Lance O. Diehl, Chairman, President and Chief Executive Officer of Muncy Columbia Financial Corporation (OTC Pink: CCFN), announced today the completion of the merger of Muncy Bank Financial, Inc. ("MBF") with and into CCFNB Bancorp, Inc. ("CCFNB"), and the merger of The Muncy Bank and Trust Company ("Muncy Bank") with and into First Columbia Bank & Trust Co. ("First Columbia Bank").
- Lance O. Diehl, Chairman, President and Chief Executive Officer of Muncy Columbia Financial Corporation (OTC Pink: CCFN), announced today the completion of the merger of Muncy Bank Financial, Inc. ("MBF") with and into CCFNB Bancorp, Inc. ("CCFNB"), and the merger of The Muncy Bank and Trust Company ("Muncy Bank") with and into First Columbia Bank & Trust Co. ("First Columbia Bank").
- In connection with the mergers, effective November 11, 2023, CCFNB changed its name to Muncy Columbia Financial Corporation ("MCFC") and First Columbia Bank changed its name to Journey Bank.
- "Today marks the beginning of an exciting new chapter in the history of Journey Bank," said Glunk.
- Griffin Financial Group served as financial advisor and provided a fairness opinion to MBF and Barley Snyder served as its legal counsel.