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
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。