Ion Monetary in Naugatuck, Connecticut, and NVE Bancorp in Englewood, New Jersey, have agreed to merge. The mutual holding firms stated in a press launch that Ion, the guardian of the $2.1 billion-asset Ion Financial institution, will take in the $600 million-asset NVE Financial institution. The opposite phrases of the deal weren’t disclosed.
NVE Financial institution shall be operated as a division of Ion Financial institution. Robert Rey, NVE Financial institution’s president and CEO, has the choice of turning into president and CEO of Ion’s NVE division. John Spencer will turn into president of the division. All NVE administrators shall be supplied board seats at Ion Financial institution.
M&A Information is reported by Paul Davis and reprinted with permission as an adaptation of the fabric from TheBankSlate.com.
Ion Monetary in Naugatuck, Connecticut, and NVE Bancorp in Englewood, New Jersey, have agreed to merge. The mutual holding firms stated in a press launch that Ion, the guardian of the $2.1 billion-asset Ion Financial institution, will take in the $600 million-asset NVE Financial institution. The opposite phrases of the deal weren’t disclosed.
NVE Financial institution shall be operated as a division of Ion Financial institution. Robert Rey, NVE Financial institution’s president and CEO, has the choice of turning into president and CEO of Ion’s NVE division. John Spencer will turn into president of the division. All NVE administrators shall be supplied board seats at Ion Financial institution.
M&A Information is reported by Paul Davis and reprinted with permission as an adaptation of the fabric from TheBankSlate.com.
Ion Monetary in Naugatuck, Connecticut, and NVE Bancorp in Englewood, New Jersey, have agreed to merge. The mutual holding firms stated in a press launch that Ion, the guardian of the $2.1 billion-asset Ion Financial institution, will take in the $600 million-asset NVE Financial institution. The opposite phrases of the deal weren’t disclosed.
NVE Financial institution shall be operated as a division of Ion Financial institution. Robert Rey, NVE Financial institution’s president and CEO, has the choice of turning into president and CEO of Ion’s NVE division. John Spencer will turn into president of the division. All NVE administrators shall be supplied board seats at Ion Financial institution.
M&A Information is reported by Paul Davis and reprinted with permission as an adaptation of the fabric from TheBankSlate.com.
Ion Monetary in Naugatuck, Connecticut, and NVE Bancorp in Englewood, New Jersey, have agreed to merge. The mutual holding firms stated in a press launch that Ion, the guardian of the $2.1 billion-asset Ion Financial institution, will take in the $600 million-asset NVE Financial institution. The opposite phrases of the deal weren’t disclosed.
NVE Financial institution shall be operated as a division of Ion Financial institution. Robert Rey, NVE Financial institution’s president and CEO, has the choice of turning into president and CEO of Ion’s NVE division. John Spencer will turn into president of the division. All NVE administrators shall be supplied board seats at Ion Financial institution.
M&A Information is reported by Paul Davis and reprinted with permission as an adaptation of the fabric from TheBankSlate.com.
Ion Monetary in Naugatuck, Connecticut, and NVE Bancorp in Englewood, New Jersey, have agreed to merge. The mutual holding firms stated in a press launch that Ion, the guardian of the $2.1 billion-asset Ion Financial institution, will take in the $600 million-asset NVE Financial institution. The opposite phrases of the deal weren’t disclosed.
NVE Financial institution shall be operated as a division of Ion Financial institution. Robert Rey, NVE Financial institution’s president and CEO, has the choice of turning into president and CEO of Ion’s NVE division. John Spencer will turn into president of the division. All NVE administrators shall be supplied board seats at Ion Financial institution.
M&A Information is reported by Paul Davis and reprinted with permission as an adaptation of the fabric from TheBankSlate.com.
Ion Monetary in Naugatuck, Connecticut, and NVE Bancorp in Englewood, New Jersey, have agreed to merge. The mutual holding firms stated in a press launch that Ion, the guardian of the $2.1 billion-asset Ion Financial institution, will take in the $600 million-asset NVE Financial institution. The opposite phrases of the deal weren’t disclosed.
NVE Financial institution shall be operated as a division of Ion Financial institution. Robert Rey, NVE Financial institution’s president and CEO, has the choice of turning into president and CEO of Ion’s NVE division. John Spencer will turn into president of the division. All NVE administrators shall be supplied board seats at Ion Financial institution.
M&A Information is reported by Paul Davis and reprinted with permission as an adaptation of the fabric from TheBankSlate.com.
Ion Monetary in Naugatuck, Connecticut, and NVE Bancorp in Englewood, New Jersey, have agreed to merge. The mutual holding firms stated in a press launch that Ion, the guardian of the $2.1 billion-asset Ion Financial institution, will take in the $600 million-asset NVE Financial institution. The opposite phrases of the deal weren’t disclosed.
NVE Financial institution shall be operated as a division of Ion Financial institution. Robert Rey, NVE Financial institution’s president and CEO, has the choice of turning into president and CEO of Ion’s NVE division. John Spencer will turn into president of the division. All NVE administrators shall be supplied board seats at Ion Financial institution.
M&A Information is reported by Paul Davis and reprinted with permission as an adaptation of the fabric from TheBankSlate.com.
Ion Monetary in Naugatuck, Connecticut, and NVE Bancorp in Englewood, New Jersey, have agreed to merge. The mutual holding firms stated in a press launch that Ion, the guardian of the $2.1 billion-asset Ion Financial institution, will take in the $600 million-asset NVE Financial institution. The opposite phrases of the deal weren’t disclosed.
NVE Financial institution shall be operated as a division of Ion Financial institution. Robert Rey, NVE Financial institution’s president and CEO, has the choice of turning into president and CEO of Ion’s NVE division. John Spencer will turn into president of the division. All NVE administrators shall be supplied board seats at Ion Financial institution.
M&A Information is reported by Paul Davis and reprinted with permission as an adaptation of the fabric from TheBankSlate.com.