The deal, terms of which were confidential, is set to close by the end of June.
Florida-based First Federal Bank said it will keep working with mortgage clients through North Dakota-based BNC National Bank’s locations in the Midwest and Arizona.
An insightful article discussing how mortgage originators can adapt to the rising interest rates by embracing strategic customer relations and technology integration.
Estimated reading time: 0 minutes, 23 seconds
First Federal Bank has announced a deal to acquire certain assets and liabilities of BNC National Bank’s mortgage unit. So reports M&A Navigator.
The deal, terms of which were confidential, is set to close by the end of June.
Florida-based First Federal Bank said it will keep working with mortgage clients through North Dakota-based BNC National Bank’s locations in the Midwest and Arizona.