The Online Investor
Credit Services & Lending M&A image Credit Services & Lending M&A » By The Online Investor Staff, updated Sun., Apr. 18, 4:06 AM Recent mergers and acquisitions in the Credit Services & Lending M&A category.

Slide #89. River Valley Bancorp Dupont State Bank

Acquirer: River Valley Bancorp (RIVR)
Acquiree: Dupont State Bank
Details: River Valley Bancorp on November 9, 2012, completed its acquisition of Dupont State Bank, an Indiana commercial bank wholly owned by Citizens Union Bancorp of Shelbyville, Inc. Under the terms of the agreement, River Valley Bancorp acquired all outstanding shares of common stock of Dupont State Bank at an aggregate purchase price of $5.7 million, payable in cash.

River Valley is a bank holding company. Co.'s subsidiary, River Valley Financial Bank (the Bank), focuses its lending activities on the origination of loans secured by first mortgage liens for the purchase, construction, or refinancing of one-to-four family residential real property. Co.'s deposit products include fixed rate certificates of deposit, NOW, MMDAs and other transaction accounts, individual retirement accounts and savings accounts. The Bank solicits for deposits in Jefferson, Clark, Floyd, Jackson, Jennings and Ripley Counties in Indiana and in Trimble and Carroll Counties in Kentucky. At Dec 31 2014, Co. had total assets of $509.5 million and total deposits of $397.1 million.

Open the RIVR Page at The Online Investor »

Company Name: 
River Valley Bancorp
Website: 
www.rvfbank.com
Sector: 
Credit Services & Lending
 

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

Quotes delayed 20 minutes


Credit Services & Lending M&A - Slide 89 of 100 Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2021, 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.