Deal snapshot: Somerset Savings Bank to Acquire Regal Bancorp in USD 58.4m Deal.

MANews-(C)2009-2022

New Jersey, US-based Somerset Savings Bank, SLA's board of directors has adopted a plan of conversion to convert from the mutual to stock form of organization, and then to merge with New Jersey-based Regal Bank, the bank said.

SR Bancorp, Inc., a newly formed Maryland corporation, has been organized to facilitate the...

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