Zions Bancorp Division CB&T Enters Agreement To Acquire Four Branch Locations In Palm Desert And Indio From FirstBank
Zions Bancorp Division CB&T Enters Agreement To Acquire Four Branch Locations In Palm Desert And Indio From FirstBank
This transaction is expected to be completed in the first quarter of 2025, subject to customary closing conditions and regulatory approval.Under the agreement, California Bank & Trust will acquire approximately $730 million in deposits and $420 million in loans.
根據協議，加州銀行與信託將收購約7300萬美元存款和4200萬美元貸款。
Upon completion, the branch acquisition will expand CB&T's physical presence in Coachella Valley to a total of six locations and will add approximately 15,000 new customers, resulting in a combined 7% market share in Coachella Valley.
完成後，分行收購將擴大CB&T在科切拉山谷的實體存在，總共六個地點，並將增加約1.5萬名新客戶，從而在科切拉山谷擁有7%的市場份額。
As part of the agreement, CB&T will welcome the California-based FirstBank employees to its existing team of more than 900 associates.
作爲協議的一部分，CB&T將歡迎總部位於加利福尼亞的FirstBank員工加入其現有的900多名員工團隊。
This transaction is expected to be completed in the first quarter of 2025, subject to customary closing conditions and regulatory approval.
此交易預計將在2025年第一季度完成，須遵守慣例的 closing 條件和監管批准。
譯文內容由第三人軟體翻譯。