Wednesday, February 15, 2017

Rosedale Federal assets to approach $1B with Midstate Community acquisition

Rosedale Federal Savings and Loan Association announced Wednesday it will to expand its reach into Towson by acquiring Midstate Community Bank. Under the deal, Rosedale Federal will gain approximately $168 million in assets, bringing its total assets to just shy of $1 billion. Rosedale ranked No. 13 in the Baltimore area with $614.2 million in deposits as of June. The bank reported $826 million in assets in a filing with the Federal Deposit Insurance Corp. Terms of the deal were not disclosed.…



from http://www.bizjournals.com/baltimore/news/2017/02/15/rosedale-federal-assets-to-approach-1b-with.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/157279095142

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