Regulators approve merger between Peoples Bank and Royal Savings Bank
Peoples Bank’s plan to absorb Royal Savings Bank of Chicago has received the green light from regulators.
Finward Bancorp buying Chicago-based Royal Financial Inc. and subsidiary Royal Savings Bank
Munster-based Finward Bancorp is growing its Illinois presence.
NorthWest Indiana Bancorp, Peoples Bank complete purchase of Illinois-based AJS Bancorp Inc.
NorthWest Indiana Bancorp of Munster, the parent of Peoples Bank SB, announced Jan. 24 it had completed its purchase of AJS Bancorp Inc. and its wholly-owned subsidiary, A.J. Smith Federal Savings Bank of Midlothian, Ill. in a stock and cash transaction. The company announced the deal on July 31. A.J. Smith Federal Savings Bank operated …
Horizon Bancorp, Salin Bancshares Inc. merging operations
Michigan City-based Horizon Bancorp Inc., operator of Horizon Bank, has signed a definitive agreement to combine operations with Salin Bankshares Inc. of Indianapolis. Salin Bancshares operates Salin Bank and Trust Co., which had $918.4 million in assets as of Sept. 30 and 20 banking locations in 10 Indiana counties serving Columbus, Delphi, Edinburgh, Fishers, Flora, …
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