Thursday, May 28, 2009

HERON BANK TO ACQUIRE MIDDLEVILLE

HERON BANK OF LYONS AGREED TO ACQUIRE THE MIDDLEVILLE SAVINGS BANK FOR NEARLY EIGHT POINT FOUR MILLION DOLLARS. HERON SAYS THE TRANSACTION IS PENDING ITS INVSTIGATION OF MIDDLEVILLE AS WELL AS GOVERNMENT APPROVAL. MIDDLEVILLE HAS ASSETS OF SIXTY FIVE MILLION DOLLARS WHILE HERON’S ASSETS APPROACH TWO BILLION DOLLARS.

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