Banking Dive· Caitlin Mullen·· 6 hours agoAI score43
UMB plans to acquire California’s El Dorado Savings Bank for $506 million
UMB to buy California bank for $506M
AI brief
AI-assisted source summary · not independently verified. Content standards
UMB Financial Corp. has agreed to acquire California’s El Dorado Savings Bank for $506 million in cash and stock. The transaction is expected to close in the first quarter of 2027.
Source:Banking Dive · bankingdive.com