$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

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s