M&A Deal Summary

GNB Financial Services Acquires Riverview Financial - Trevorton Branch

On June 12, 2019, GNB Financial Services acquired financial services company Riverview Financial - Trevorton Branch from Riverview Financial

Acquisition Highlights
  • This is GNB Financial Services’ 2nd transaction in the Financial Services sector.
  • This is GNB Financial Services’ 2nd transaction in the United States.
  • This is GNB Financial Services’ 2nd transaction in Pennsylvania.

M&A Deal Summary

Date 2019-06-12
Target Riverview Financial - Trevorton Branch
Sector Financial Services
Buyer(s) GNB Financial Services
Sellers(s) Riverview Financial
Deal Type Divestiture

Target

Riverview Financial - Trevorton Branch

Trevorton, Pennsylvania, United States
Riverview Financial Corp. - Trevorton Branch is a full-service bank that provides consumers and businesses with loans, deposit accounts, and other financial services.

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Buyer(S) 1

Buyer

GNB Financial Services

Gratz, Pennsylvania, United States

Category Company
Founded 1986
Sector Financial Services
Employees42
DESCRIPTION

GNB Financial Services, Inc. is a bank holding company of The Gratz Bank. Gratz Bank is a provider of full range of banking products and services.


DEAL STATS #
Overall 2 of 2
Sector: Financial Services M&A 2 of 2
Type: Divestiture M&A Deals 1 of 1
State: Pennsylvania M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-27 FNBM Financial

Minersville, Pennsylvania, United States

FNBM Financial Corp. is a holding company of FNB Minersville, a national banking association provides banking services.

Buy -

Seller(S) 1

SELLER

Riverview Financial

Harrisburg, Pennsylvania, United States

Category Company
Sector Financial Services
DESCRIPTION

Riverview Financial is a financial holding company for Riverview Bank and provides commercial banking products and services to individuals, businesses, and municipalities. Riverview Financial is based in Harrisburg, Pennsylvania.


DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-30 The Citizens National Bank Of Meyersdale

Meyersdale, Pennsylvania, United States

The Citizens National Bank Of Meyersdale is a provider of various banking services.

Buy $8M