M&A Deal Summary

Security Savings Bank Acquires Security Investments Group

On July 2, 1996, Security Savings Bank acquired financial services company Security Investments Group

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

M&A Deal Summary

Date 1996-07-02
Target Security Investments Group
Sector Financial Services
Buyer(s) Security Savings Bank
Deal Type Add-on Acquisition

Target

Security Investments Group

Vineland, New Jersey, United States
Security Investments Group, Inc. is a provider of mortgage finance services.

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Buyer(S) 1

Buyer

Security Savings Bank

Monmouth, Illinois, United States

Category Company
Founded 1882
Sector Financial Services
DESCRIPTION

Security Savings Bank operates six branches and one loan production office in Brunswick County, N.C.


DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: New Jersey M&A 1 of 1
Country: United States M&A 1 of 1
Year: 1996 M&A 1 of 1