Ballston Spa Bancorp, Inc. and NBC Bancorp, Inc. Receive Regulatory Approvals to Complete Pending Merger
Ballston Spa Bancorp, Inc. (NY) (BSPA)
Company Research
Source: Business Wire
BALLSTON SPA, N.Y. & COXSACKIE, N.Y.--(BUSINESS WIRE)--Ballston Spa Bancorp, Inc. (OTCID: BSPA), holding company for Ballston Spa National Bank (collectively “BSNB”), and NBC Bancorp, Inc. (OTCID: NCXS), holding company for The National Bank of Coxsackie (collectively “NBC”), today jointly announced that they have received all requisite regulatory approvals to complete their pending merger and the merger of their subsidiary banks.BSNB and NBC expect to complete the proposed transaction in the second quarter of 2026, subject to the satisfaction of customary closing conditions, including the receipt of shareholder approvals from their respective shareholders. BSNB and NBC have scheduled their respective special shareholders’ meeting on March 23, 2026, to vote on the transaction.Forward Looking StatementsThis document contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements about BSNB or NBC’s beliefs, plans, str
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