M&A Deal Summary

Glen Rock Savings Bank Acquires Llewellyn-Edison Savings Bank FSB

On March 12, 2015, Glen Rock Savings Bank acquired financial services company Llewellyn-Edison Savings Bank FSB

Acquisition Highlights
  • This is Glen Rock Savings Bank’s 1st transaction in the Financial Services sector.
  • This is Glen Rock Savings Bank’s 1st transaction in the United States.
  • This is Glen Rock Savings Bank’s 1st transaction in New Jersey.

M&A Deal Summary

Date 2015-03-12
Target Llewellyn-Edison Savings Bank FSB
Sector Financial Services
Buyer(s) Glen Rock Savings Bank
Deal Type Merger
Advisor(s) McCarter & English (Legal)

Target

Llewellyn-Edison Savings Bank FSB

West Orange, New Jersey, United States
Llewellyn-Edison Savings Bank FSB is a provider of full range of banking services.

Search 214,356 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Glen Rock Savings Bank

Glen Rock, New Jersey, United States

Category Company
Founded 1922
Sector Financial Services
DESCRIPTION

Glen Rock Savings Bank is a personal and commercial banking needs of customers throughout the northern New Jersey area. The Bank’s suite of products and services includes personal banking, mortgages, home equity loans and lines of credit, as well as commercial mortgages for multi-family/mixed-use properties.


DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Merger M&A Deals 1 of 1
State: New Jersey M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2015 M&A 1 of 1