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DNB Financial in Downington, Pa., has formed a business banking services division.
April 6 -
Bryn Mawr Bank in Pennsylvania has filed documents to raise up to $200 million.
March 17 -
Bryn Mawr Bank in Pennsylvania has agreed to buy Powers Craft Parker & Beard, an insurance broker and risk management consulting firm.
August 21
Bryn Mawr Bank in Bryn Mawr, Pa., has bought Robert J. McAllister Agency.
The $2.2 billion-asset company did not say what it paid for the Philadelphia-area insurance and risk management agency. A call to the company was not immediately returned.
"Insurance and risk management services are an important aspect of our strategic plan to broaden the scope of services that we offer to our wealth, business and consumer clients," Frank Leto, Bryn Mawr's president and chief executive, said in a press release Monday. "While organic growth is a primary driver, acquisitions will help us quickly achieve the scale that we need to achieve our growth objectives."
