First Priority Financial Corp MALVERN , PA- FEBRUARY 7, 2008 – First Priority Financial Corp. announced that the shareholders of Prestige Community Bank approved the acquisition of Prestige Community Bank by First Priority Financial Corp. Prestige Community Bank, with its headquarters in Newtown, Bucks County, PA, will be merged with and into First Priority Bank, a wholly-owned subsidiary of First Priority Financial Corp. Prestige Community Bank will operate as a division of First Priority Bank. The transaction has received Federal Reserve Board and Federal Deposit Insurance Corporation approval and is subject to Pennsylvania Department of Banking approval. It is anticipated that the merger will be completed on February 29, 2008. About First Priority Bank First Priority Bank is a Pennsylvania state-chartered, FDIC insured; full service bank offering a broad range of personal and corporate banking products and services. First Priority Bank is headquartered in the Great Valley Corporate Center in Malvern, PA. For further information, visit www.fpbk.com or call 610-280-7100. |
2 West Liberty Blvd. |
1200 Broadcasting Rd. Suite 103 Wyomissing, PA 19610 610.375.6054 |
104 Pheasant Run, |
5936 Easton Rd Pipersville, PA 18947 267.362.1200 |
