First Internet Bancorp Terminates Merger Agreement With First Century Bancorp
May 1, 2022
First Internet Bancorp announced that First Century Bancorp terminated the agreement and plan of merger between the two companies. The Federal Reserve approved the merger, but the parties could not agree on extension terms after statutory waiting periods, leading to termination on May 1, 2022.
- Buyers
- First Internet Bancorp
- Targets
- First Century Bancorp
- Industry
- Financial Services
- Location
- Indiana, United States
- Transaction Type
- Divestiture
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