#1974651 - 11/06/14 01:34 PM
Merger Pending - How to find out?
|
Anonymous
Unregistered
|
Here I am, once again, posting anonymously, and that’s kind of sad that’s the route many of us posting on BOL have to take anymore. Having been through numerous bank mergers in my years of employment, and always hoping I’d never have to go through that again, it’s looking like the FI where I have worked for quite some time will be going the same route. We’re a tiny institution and non-stock, so that limits us as to whom we merge with. We are also very well capitalized and have no issues and always rate high on exams, so this would be, I’m assuming, a ‘friendly’ merger.
Is there any way to find out if the wheels have started turning to merge with another FI? It’s all very secretive here, and that’s fine, after all ‘it’s always the employees who are the last to know’, right?
I’ve looked online and can’t find anything that would indicate the process has started but the signs are all clearly there. Federal Reserve has a link that shows merger applications but I’m not sure that’s what I’m looking for. We’re under FDIC guidance.
Any hints, links, or words of wisdom?
|
Return to Top
|
Reply
Quote
Quick Reply
Quick Quote
|
|
|
|
|