Western Sierra Bancorp (NASDAQ:WSBA)
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From Jun 2019 to Jun 2024
Western Sierra Bancorp and Gold Country Financial Services, Inc.
Terminate Merger Agreement
CAMERON PARK, Calif., June 24 /PRNewswire-FirstCall/ -- Western Sierra Bancorp
(NASDAQ:WSBA) and Gold Country Financial Services, Inc. jointly announced today
the termination of the merger agreement between Western Sierra Bancorp and Gold
Country Financial Services Inc. by the mutual agreement of their boards of
directors. Under the terms of that agreement, Gold Country Financial Services,
Inc. was to be merged with and into Western Sierra Bancorp, a multi-bank
holding company.
With the termination of the agreement, each party has agreed that to release
the other from any damages or costs.
Western Sierra Bancorp is comprised of Western Sierra Bank, Lake Community
Bank, Central California Bank and Auburn Community Bank, and has assets
exceeding $1.2 billion. Western Sierra Bancorp operates in the counties of El
Dorado, Placer, Sacramento, Lake, Stanislaus, San Joaquin, Amador, Calaveras,
Contra Costa, Tuolumne and Butte. Western Sierra Bancorp operates 33 branches
and loan production facilities.
CONTACT: Anthony Gould, CFO at 530-698-2234
http://www.westernsierrabancorp.com/
DATASOURCE: Western Sierra Bancorp; Gold Country Financial Services, Inc.
CONTACT: Anthony Gould, CFO of Western Sierra Bancorp, +1-530-698-2234
Web site: http://www.westernsierrabancorp.com/