California, Virginia banks announce mergers

Southern California Bancorp in San Diego has agreed to buy California BanCorp in Oakland. The $2.4 billion-asset Southern California said in a press release that it will pay $233.6 million in stock for the $2 billion-asset California BanCorp. The deal is expected to close in the third quarter. National Bankshares…

Story continues

TRENDING NOW

LATEST LOCAL NEWS