Evansville, Ind. Evansville, Ind. (Source: Shutterstock)

A third Indiana credit union said it plans to buy a bank.

The $2 billion Indiana Members Credit Union in Indianapolis, the state’s second largest cooperative, said Tuesday it signed a definitive purchase and assumption agreement to acquire the $195 million Commerce Bank in Evansville for an estimated $33 million in cash.


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Peter Strozniak

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