The Online Investor
Credit Services & Lending M&A image Credit Services & Lending M&A » By The Online Investor Staff, updated Mon., Jul. 4, 10:19 AM Recent mergers and acquisitions in the Credit Services & Lending M&A category.

Slide #42. Lake Sunapee Bank Charter Trust

Acquirer: Lake Sunapee Bank (NHTB)
Acquiree: Charter Trust
Details: Lake Sunapee Bank, fsb, a subsidiary of New Hampshire Thrift Bancshares (NASDAQ: NHTB), has completed the previously announced acquisition of Charter Trust Company ("Charter Trust"). Charter Trust was formed in 1984 as a New Hampshire-chartered non-depository trust company and is regulated by the State of New Hampshire Banking Department. Lake Sunapee Bank was one of the six original owners of Charter Trust and now, as a result of this acquisition, is the sole owner of Charter Trust.

New Hampshire Thrift Bancshares is a savings and loan holding company. Co.'s market area is concentrated in the counties of Cheshire, Hillsborough, Grafton, Merrimack and Sullivan in central and western New Hampshire and the counties of Rutland and Windsor in Vermont. Co. provides real estate loans, real estate construction loans, consumer loans, commercial loans, and municipal loans. Co. provides a range of deposit accounts with a range of interest rates and terms. Co.'s deposits consist of business checking, money market accounts, savings, Negotiable Order of Withdrawal and certificate accounts. As of Dec 31 2013, Co. had total assets of $1.42 billion and total deposits of $1.09 billion.

Open the NHTB Page at The Online Investor »

Company Name: 
Lake Sunapee Bank Group
Credit Services & Lending

Open the NHTB Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes

Email EnvelopeFree NHTB Email Alerts:
Get SEC Filing Alerts
Get Dividend Alerts

Credit Services & Lending M&A - Slide 42 of 100 Page |

Copyright © 1998 - 2022, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.