Meta Financial Group to acquire Crestmark Bancorp

Meta Financial Group, Inc.® (Nasdaq: CASH) (“Meta”), the holding company for the federally chartered savings bank MetaBank® announced it has reached an agreement to acquire Crestmark Bancorp, Inc. (“Crestmark”), the holding company for the Michigan state-chartered bank, Crestmark Bank, in an all-stock transaction. Meta operates in several segments within the banking and payments industries. Crestmark is a commercial lender specializing in providing diverse financial solutions to businesses.

Full text available to subscribers only. If you are currently an online subscriber, you can login here. To subscribe, please follow this link.