M&A Deal Summary

Your Community Bankshares Acquires NCF Financial

On May 6, 1998, Your Community Bankshares acquired financial services company NCF Financial for 16M USD

Acquisition Highlights
  • This is Your Community Bankshares’ 1st transaction in the Financial Services sector.
  • This is Your Community Bankshares’ largest (disclosed) transaction.
  • This is Your Community Bankshares’ 1st transaction in the United States.
  • This is Your Community Bankshares’ 1st transaction in Kentucky.

M&A Deal Summary
Date 1998-05-06
Target NCF Financial
Sector Financial Services
Buyer(s) Your Community Bankshares
Deal Type Add-on Acquisition
Deal Value 16M USD
Advisor(s) Elias, Matz, Tiernan & Herrick L.L.P (Legal)

Target

NCF Financial

Bardstown, Kentucky, United States
NCF Financial Corp. is a financial services company.

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Buyer(S) 1

Buyer

Your Community Bankshares

New Albany, Indiana, United States

website

Category Company
Founded 1890
Sector Financial Services
Employees339
Revenue 71M USD (2015)
DESCRIPTION

Your Community Bankshares, Inc. is engaged in the business of attracting deposits from the general public and using such funds for the origination of commercial business and real estate loans and secured consumer loans such as home equity lines of credit, automobile loans, and recreational vehicle loans.

DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Kentucky) 1 of 1
Country (United States) 1 of 1
Year (1998) 1 of 1
Size (of disclosed) 1 of 1
Mergr

Product

Company

Legal