Revere Bank to buy Monument Bank for $65.1M

Laurel-based Revere Bank is making good on its quest to grow in the I-270 corridor, announcing a $65.1 million deal Tuesday evening to buy Monument Bank of Rockville. The combination of the two privately held banks will create an institution with more than $1.7 billion in assets and $1.37 billion in total deposits. It will have 10 branches. The deal comes just weeks after the ambitious Revere Bank closed on its acquisition of Frederick-based Blueridge Bank, another step in its move up Interstate…

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