DNB Financial (DNBF) Clears Final Regulatory Hurdle to Acquire East River Bank
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DNB Financial Corporation Receives All Required Approvals to Acquire East River Bank
September 14, 2016 5:48 PM EDTDOWNINGTOWN, Pa., Sept. 14, 2016 (GLOBE NEWSWIRE) -- DNB Financial Corporation ("DNB") (NASDAQ: DNBF), the parent company of DNB First, National Association, today announced that it has obtained all required approvals necessary for DNB to consummate its acquisition of East River Bank, Philadelphia, Pennsylvania ("East River"). Approvals included DNB and East River shareholder approvals, and regulatory approval from the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System and the Pennsylvania Department of Banking.
When the combination of the two organizations is completed, DNB will have... More
