Acquiring Company
Alma Bank
Acquired Company
American Community Bank
City Of Glen CoveFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceLendingBankingDescription
Alma Bank has announced its agreement to acquire American Community Bank, creating a stronger community banking franchise. The merger will enhance resources and expand market presence in New York and New Jersey. The combined institution aims to maintain personal relationships while offering a wider range of financial solutions. Both banks emphasize shared values and local decision-making in their commitment to clients.
Quick answer
Alma Bank is acquiring American Community Bank, announced July 30, 2026.
- How much did Alma Bank pay for American Community Bank?
- The deal value was not disclosed.
- What does Alma Bank do?
- Founded in 2007, Alma Bank is a New York State chartered community bank with more than $1.3 billion in assets.
- Where are Alma Bank and American Community Bank based?
- American Community Bank is based in City Of Glen Cove, New York, United States.
Source: Fundz verified event record.
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- Eagle Financial Services to Merge with John Marshall Bancorp (September 8, 2026)
- JB Financial to acquire KB Bukopin Finance stake (September 7, 2026)
- WaFd to merge with EverBank Financial Corp (September 7, 2026)
Who to call at Alma Bank, and when
When Alma Bank changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Alma Bank raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Alma Bank, from your own LinkedIn network
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Frequently asked
Who acquired American Community Bank?
American Community Bank was acquired by Alma Bank. The deal was reported on July 30, 2026. Founded in 2007, Alma Bank is a New York State chartered community bank with more than $1.3 billion in assets. Alma Bank is privately held and operates in Financial Services.
When did Alma Bank acquire American Community Bank?
Alma Bank's acquisition of American Community Bank was reported on July 30, 2026. Alma Bank has announced its agreement to acquire American Community Bank, creating a stronger community banking franchise. The merger will enhance resources and expand market presence in New York and New Jersey. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does American Community Bank do?
American Community Bank is a privately held community bank known for its focus on relationship banking and exceptional client service. It is privately held, operating in Financial Services, and is based in City Of Glen Cove.
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