Standard Financial Corp. (STND), Allegheny Valley (AVLY) Agree to Merge
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Standard Financial Corp. and Allegheny Valley Bancorp, Inc. Announce Merger of Equals Transaction
August 29, 2016 5:26 PM EDTMONROEVILLE, Pa. and PITTSBURGH, Aug. 29, 2016 /PRNewswire/ --Â Standard Financial Corp. (OTCQX: STND) ("Standard Financial"), the parent holding company for Standard Bank, PaSB ("Standard Bank") and Allegheny Valley Bancorp, Inc. (OTCQX: AVLY) ("Allegheny Valley Bancorp"), the parent holding company for Allegheny Valley Bank of Pittsburgh ("Allegheny Valley Bank"), jointly announced today the signing of a definitive merger agreement to form a partnership of their financial institutions that will result in a combined community banking franchise with total assets of nearly $1.0 billion and 18 branches located throughout Southwestern... More
