Providence Bank and Trust Closes Merger with Leaders Bank.

MANews-(C)2009-2022

Illinois, US-based Providence Bank and Trust has closed the acquisition of Illinois-based community bank The Leaders Bank, to bring Providence Bank to approximately USD 1.69bn in assets, the company said.

Locally owned and operated, Providence Bank and Trust opened in 2004.

The conversion and consolidation of data processing platforms, systems and customer files are expected to occur in early June 2022. Until this is complete, The Leaders Bank customers should continue to conduct business at their existing local office in Oak Brook, IL.

The closing of the merger results in Providence Bank and Trust, a locally owned and operated community bank...

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