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Founders Community Bank in SLO being acquired
Fresno-based 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 companies announced on Oct. 31. The parent company of Premier, Heartland Financial USA, aims to acquire Founders, a wholly-owned subsidiary of Founders Bancorp, in a 70 percent stock and Read More →
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TekTegrity expands footprint with Central Valley acquisition
Although the value of the deal was not disclosed, the move solidified TekTegrity’s standing as San Luis Obispo County’s largest IT provider.
