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Ballston Spa Bancorp to merge with NBC Bancorp

PUBLIC · BSPAMar 23, 20265 months ago

Acquiring Company

Ballston Spa Bancorp

Acquired Company

NBC Bancorp

New YorkNew YorkFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceLendingBanking

Description

Ballston Spa Bancorp, Inc. and NBC Bancorp, Inc. have received shareholder approvals for their merger. The transaction will result in BSNB shareholders owning approximately 66% of the combined company. The merger is expected to be completed on April 1, 2026.

Company Information

Company

Ballston Spa Bancorp

Location

New York, United States

About

Ballston Spa Bancorp, Inc. is a financial holding company. It serves the community through its bank, focusing on personalized banking solutions. The company aims to strengthen its regional presence and enhance financial offerings. It is committed to delivering high-quality customer service.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired NBC Bancorp?

NBC Bancorp was acquired by Ballston Spa Bancorp, based in New York. The deal was reported on March 23, 2026. Ballston Spa Bancorp, Inc. is a financial holding company. It serves the community through its bank, focusing on personalized banking solutions. Ballston Spa Bancorp is publicly traded (BSPA) and operates in Financial Services.

When did Ballston Spa Bancorp acquire NBC Bancorp?

Ballston Spa Bancorp's acquisition of NBC Bancorp was reported on March 23, 2026. Ballston Spa Bancorp, Inc. and NBC Bancorp, Inc. have received shareholder approvals for their merger. The transaction will result in BSNB shareholders owning approximately 66% of the combined company. The merger is expected to be completed on April 1, 2026. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does NBC Bancorp do?

NBC Bancorp, Inc. is the holding company for The National Bank of Coxsackie. It has a focus on community banking and client satisfaction. The bank provides a range of financial products tailored to customers’ needs. It is privately held, operating in Financial Services, and is based in New York.

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