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
Location
Indiana, United States
Transaction Type
Divestiture

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