NBT Bank to acquire Evans Bank for $236 million, expanding its western New York presence.

NBT Bank is set to acquire Evans Bank for $236 million, aiming to expand its footprint in western New York. The merger, approved by both banks’ boards, will create a network of over 170 locations, enhancing NBT’s market share in Upstate New York. The deal, expected to close in the second quarter of 2025, requires shareholder and regulatory approval. Evans CEO David J. Nasca will join NBT’s board post-merger.

September 09, 2024
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