3rd Fed Bank acquires Roebling Bank
TF Financial Corp., of Newtown, the parent company of 3rd Fed Bank, said it will acquire Roebling Financial Corp Inc., of Roebling, N.J., the parent company of Roebling Bank, in a cash and stock deal valued at $14.5 million.
TF Financial Corp., of Newtown, the parent company of 3rd Fed Bank, said it will acquire Roebling Financial Corp Inc., of Roebling, N.J., the parent company of Roebling Bank, in a cash and stock deal valued at $14.5 million.
The combined banks will have about $850 million in assets, $640 million in loans, $660 million in deposits and 19 locations, the banks said.
- Inquirer staff