M&A

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Deal Overview

Buyer:
Sharonview Federal Credit Union
Actual Acquirer:
Sharonview Federal Credit Union
Target:
2 branches
Deal Type:
Bank & Thrift Branch
Seller:
Bank OZK
Agreement Date:
7/15/2020
Announcement Date:
7/15/2020
Number of Target Branches
2
Branch Locations
Bluffton
SC
Hilton Head Island
SC
Franchise Premium ($ 000)
NA
Tangible Book Premium/ Deposits (%)
NA
Status:
Pending
Completion Date:
NA

Deal Terms
Description of Consideration

NA

Financials
Deposits ($ 000) 123,000
Total Assets ($ 000) NA
Deal Advisers
Financial Advisers
Party Advised Adviser Hired? Firm Name
Buyer Yes Mercer Capital Management,
Seller Yes DD&F Consulting Group
Legal Counsel
Party Advised Adviser Hired? Firm Name
Buyer Yes Howard & Howard Attorneys PLLC
Seller NA NA