A local bank has announced a merger with a bank based in Pittsburgh.
NexTier Bank has signed an agreement to merge with Eureka Bank in the first quarter of 2016 and operate under the NexTier Bank brand, subject to approval by shareholders and regulatory agencies.
The combined bank plans to maintain its headquarters in Butler under NexTier’s President and CEO, Richard Krauland.
NexTier currently has 24 branches in Armstrong, Butler and Allegheny Counties, while Eureka has two community offices in Allegheny County.
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