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
Location
Illinois, United States
Transaction Type
Buyout

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