Mackinac Financial (MFNC) to Acquire FNBER in $12.5M Deal
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Mackinac Financial Corporation to acquire First National Bank of Eagle River (WI)
January 19, 2016 8:33 AM ESTMANISTIQUE, MI and EAGLE RIVER, WI -- (Marketwired) -- 01/19/16 --
First National Bank of Eagle River is headquartered in Eagle River, Wisconsin, approximately 40 miles from the Michigan Upper Peninsula border The acquisition entails 3 full service banking locations and nearly $140 million in assets based on company financials through 9/30/2015 All offices and branch locations will remain open following the transaction Acquired branches will be Mackinac's first outside of Michigan The transaction is expected to close late in the 1st Quarter or... More