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Stock impact report

Mercantile Bank Corporation Announces Completion of Merger with Eastern Michigan Financial Corporation [Yahoo! Finance]

Mercantile Bank Corporation (MBWM) 
Last mercantile bank corporation earnings: 4/21 06:01 am Check Earnings Report
US:NASDAQ Investor Relations: mercbank.com/about
Company Research Source: Yahoo! Finance
previously announced merger with Eastern Michigan Financial Corporation ("Eastern"). This strategic combination brings together two financial institutions with shared values and deep commitments to serving Michigan's families, businesses and communities. The newly acquired Eastern Michigan Bank will operate alongside Mercantile's existing bank, Mercantile Bank, until the first quarter of 2027, at which time Mercantile plans to consolidate Eastern Michigan Bank into Mercantile Bank, subject to regulatory approvals from the Federal Deposit Insurance Corporation and the Michigan Department of Insurance and Financial Services. We believe this structure will ensure a smooth transition for customers and employees while maximizing the benefits of the combined organization. "Completing this merger is an exciting moment for both of our organizations," said Raymond Reitsma, President and CEO of Mercantile. "We are thrilled to welcome Eastern into the Mercantile family. By joining forces, we Show less Read more
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