Ark Financial Holding, Inc. to Acquire Cooper Lake Financial Corp.

▤ Summary

Ark Financial Holding has signed a definitive agreement to acquire Cooper Lake Financial Corp., the parent of The First National Bank in Cooper. The deal still needs shareholder and regulatory approvals before it closes. After closing, Ark plans to add capital and launch a multi-year technology investment program. That program will upgrade the bank’s infrastructure, expand digital banking, and add modern digital payments capabilities. The bank says daily operations and customer service will continue without disruption.

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