Source: The Business Journals

MBank: Riverview, MBank deal closes

A previously announced deal between Riverview Bancorp Inc. and Gresham's MBank has closed. In September, Vancouver-based Riverview said it would acquire $116 million in MBank loans and $132 million in MBank deposits. MBank locations also will be rebranded with the Riverview logo and Riverview assumed the obligations of the trust preferred securities of MBank parent company Merchants Bancorp. "We are pleased to announce the completion of this transaction and want to welcome the MBank customers and...

Read full article »
Est. Annual Revenue
$5.0-25M
Est. Employees
1-25
CEO Avatar

CEO

Update CEO

CEO Approval Rating

- -/100