Corporate
Dec. 23, 2015
Pacific Commerce Bank announces merger
Pacific Commerce Bank, a wholly owned subsidiary of Pacific Commerce Bancorp, and ProAmérica Bank have entered into a definitive agreement to merge into Pacific Commerce Bank.
Pacific Commerce Bank, a wholly owned subsidiary of Pacific Commerce Bancorp, and ProAmérica Bank have entered into a definitive agreement to merge into Pacific Commerce Bank.
The combined institution will have total assets of approximately $560 million and five offices from downtown Los Angeles to south San Diego County.
Subject to regulatory and shareholder approval, the merger is expected to close early in the seco...
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