Providence Bank & Trust Acquires The Leaders Bank
May 1, 2022
Providence Bank & Trust completed its acquisition and merger of The Leaders Bank effective May 1, 2022. The merger expands Providence's footprint in the Chicago area (bringing combined assets to ~$1.69 billion and 15 branches) and will transition The Leaders Bank customers and employees into Providence, with operational platform consolidation planned for early June 2022.
- Buyers
- Providence Bank & Trust
- Targets
- The Leaders Bank
- Industry
- Financial Services
- Location
- Illinois, United States
- Transaction Type
- Buyout
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