STAMFORD – The parent company of Stamford-based Patriot Bank on Monday announced a merger to create the ‘largest digital bank in the United States’, but officials say they are keeping branches open and not planning layoffs .
Through a “reverse branch merger,” Patriot National Bancorp will acquire American Challenger Development Corp., which was formed in January 2020 to establish a new digital national bank headquartered in Stamford.
- Jones Lang LaSalle Included: Signature Place houses in booming Des Moines neighborhood promote out
- QualityMetric, Backed by Vesey Avenue Capital Companions, Provides Angela Host as Industrial Director
- Rothschild opens up discord over Binladin restructuring plan
- Quad-C exit from AIT in recapitalization of $ 1.2 billion