Community Bank Accelerates Greater Lehigh Valley PA Expansion

▤ Summary

Community Bank agreed to buy seven Santander Bank branch locations in the Allentown, Pennsylvania area, along with related loans, deposits, and wealth management relationships. The deal should close in the fourth quarter of 2025 after regulatory approval. Community Bank says the transaction will expand its Greater Lehigh Valley footprint and lift its retail presence to 12 locations. The company expects to assume about $600 million in deposits and pay roughly $48 million in cash consideration. The release also notes that all branches will stay open and all employees will be offered continued employment.

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