$43M sale of Doylestown bank closes

The $43 million sale of Doylestown’s Monument Bancorp to Central Pennsylvania-based Citizens & Northern Corp. closed this week, bringing another lender from Central Pennsylvania into the region. 

The deal, announced Sept. 28, creates a $1.7 billion-asset bank.

Monument opened on Main Street in Doylestown in January 2008 — one of 17 startups formed in southeastern Pennsylvania between 2004 and 2008 and one of four in Bucks County. Just five of those banks still are in operation today, as the…

from Fort Lauderdale Real Estate News & Residential Real Estate News – Residential Real Estate News Headlines | Bizjournals.com & Banking & Financial News – Banking & Financial News Headlines | Bizjournals.com http://feeds.bizjournals.com/~r/industry_2/~3/N8-VShS_bis/monument-bank-citizens-northern-sale-closes.html
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