Gouverneur Bancorp, Inc. Announces Receipt Of Regulatory Approvals For Acquisition Of Citizens Bank Of Cape Vincent And Expected Correction Of Fiscal 2021 Financial Statements To Increase Net Income
Acquiring Company
Gouverneur Bancorp
Acquired Company
Citizens Bank
GouverneurCorvallisFinancial ServicesFinanceLendingBankingFinancial ServicesDescription
Cambray Mutual Holding Company, Gouverneur Bancorp, Inc. (the “Company”) and Gouverneur Savings and Loan Association (collectively, “Gouverneur”) today announced that Gouverneur and Citizens Bank of Cape Vincent (“CBCV”) have received the requisite regulatory approvals necessary to complete Gouverneur’s acquisition of CBCV and merger of CBCV with and into Gouverneur Savings and Loan Association. The transaction is expected to close on September 16, 2022 and is subject to customary closing conditions.
Quick answer
Gouverneur Bancorp is acquiring Citizens Bank, announced September 6, 2022. Gouverneur Bancorp is based in Gouverneur, New York, United States.
- How much did Gouverneur Bancorp pay for Citizens Bank?
- The deal value was not disclosed.
- What does Gouverneur Bancorp do?
- 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..
- Where are Gouverneur Bancorp and Citizens Bank based?
- Gouverneur Bancorp is based in Gouverneur, New York, United States. Citizens Bank is based in Corvallis, Oregon, United States.
Source: Fundz verified event record.
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Frequently asked
Who acquired Citizens Bank?
Citizens Bank was acquired by Gouverneur Bancorp, based in Gouverneur. The deal was reported on September 6, 2022. Gouverneur Bancorp, Inc. Gouverneur Bancorp is publicly traded (GOVB) and operates in Financial Services.
When did Gouverneur Bancorp acquire Citizens Bank?
Gouverneur Bancorp's acquisition of Citizens Bank was reported on September 6, 2022. Cambray Mutual Holding Company, Gouverneur Bancorp, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Citizens Bank do?
Welcome to locally owned Citizens Bank, the area's premier community bank. We proudly provide comprehensive banking services to businesses and individuals in 13 Willamette Valley communities. It is privately held, operating in Financial Services, and is based in Corvallis.
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