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Farmers & Merchants expanding in northeast Indiana with Ossian deal.

Authors :
Davis, Paul
Source :
American Banker; 12/24/2020, Vol. 185 Issue 247, p6-6, 1/3p
Publication Year :
2020

Abstract

December 22, 2020 Farmers & Merchants Bancorp in Archbold, Ohio, has agreed to buy Ossian Financial Services in Indiana. The $1.9 billion-asset F&M said in a press release Monday that it will pay $20 million in cash for the $122 million-asset Ossian. Ossian "immediately enhances and complements our growing franchise in northeast Indiana", Lars Eller, F&M's president and CEO, said in the release. [Extracted from the article]

Details

Language :
English
ISSN :
00027561
Volume :
185
Issue :
247
Database :
Complementary Index
Journal :
American Banker
Publication Type :
Periodical
Accession number :
147764400