The $1.7 billion Royal Credit Union said Wednesday it signed a definitive agreement to buy Capital Bank in St. Paul, Minn.
This is the second definitive agreement this year of a credit union announcing a bank purchase.
In February, the $1.1 billion Advia Credit Union in Parchment, Mich., said it will acquire the $83.3 million Mid America Bank in Janesville, Wis.
Continue Reading for Free
Register and gain access to:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
- Educational webcasts, white papers, and ebooks from industry thought leaders.
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.