Gouverneur Bancorp, Inc. Announces Completion Of Citizens Bank Of Cape Vincent Acquisition
09/19/22, 9:55 PM
Location
gouverneurIndustry
lending
finance
financial services
Cambray Mutual Holding Company, Gouverneur Bancorp, Inc. (the “Company”) and Gouverneur Savings and Loan Association (collectively, “Gouverneur”) today announced that, effective as of September 16, 2022, Gouverneur has completed its acquisition of Citizens Bank of Cape Vincent (“CBCV”). At the effective time of the merger, CBCV was merged with and into Gouverneur Savings and Loan Association and each CBCV stockholder became entitled to receive $1,056.11 in cash for each share of CBCV common stock that they held at the effective time of the merger.
Company Info
Location
42 church street
Gouverneur, New York, United States
Company info
Gouverneur Bancorp, Inc. is the holding company for Gouverneur Savings and Loan Association, which is a New York chartered savings and loan association founded in 1892 that offers deposit and loan services for businesses, families and individuals. At December 31, 2023, the Company had total assets of $204.9 million, total deposits of $160.3 million and total stockholders’ equity of $32.1 million.