December 3, 2022
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Central Coast bank merger wave rolls on

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The Founders Community Bank branch in Paso Robles. Premier Valley Bank will acquire San Luis Obispo-based Founders Community Bank in a stock-and-cash transaction valued at approximately $29.1 million, or $21.87 per share. The parent company of Fresno-based Premier, Heartland Financial USA, aims to acquire Founders, a subsidiary of Founders Bancorp, in a 70 percent stock…

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