National Bank of Commerce announces completion of Republic Bank merger
Tuesday, December 31, 2019
The process began in early July, with NBC submitting a merger proposal to the Federal Reserve and the Office of the Comptroller of the Currency (OCC) for federal regulatory approval. Approval was granted on September 17 and officially closed on October 25. At that point, NBC began the process of converting Republic Bank’s accounts, branches and systems into theirs, all while keeping their customers and community informed of the progress. As of today (Dec. 9), the process is complete.
National Bank of Commerce now operates 12 local branches across northeastern Minnesota and northwestern Wisconsin, including six former Republic Bank branches that are now full-service NBC locations.
To read the full article please visit Business North.