Real-time funding, M&A, exec moves & hiring — the signals that move deals
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Acquiring Company
Fulton Financial Corporation
Acquired Company
William Penn Bancorporation
LancasterBristol TownshipFinancial ServicesFinanceLendingBankingFinancial ServicesLendingDescription
William Penn Bancorporation has entered into an all-stock merger with Fulton Financial valued at around 100 million USD. This strategic move will see the community bank integrated into a larger Mid-Atlantic banking group, enhancing its operational scale. The transaction is expected to close in the second half of 2024, pending regulatory and shareholder approvals. This acquisition aims to bolster both entities' community-focused banking offerings.