SoFi (IPOE) Acquires Bank Golden Pacific Bancorp (GPBI)
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SoFi Announces Agreement to Acquire Golden Pacific Bancorp, Inc.
March 9, 2021 7:15 AM ESTÂ Acquisition Marks Significant Step in SoFis Effort to Obtain National Bank Charter
SAN FRANCISCO--(BUSINESS WIRE)-- Social Finance, Inc. (SoFi), the digital personal finance company, today announced that it has signed a definitive agreement to acquire Golden Pacific Bancorp, Inc. (OTCPK: GPBI) and its wholly owned subsidiary Golden Pacific Bank, N.A. (together, GPB). GPB is a Sacramento, California-based community bank that is regulated by the Office of the Comptroller of the Currency (OCC) and has approximately $150 million in assets. SoFi will pay $2.55 in cash for each share of GPB or... More
