PURCHASE AND ASSUMPTION AGREEMENT WHOLE BANK ALL DEPOSITS AMONG FEDERAL DEPOSIT INSURANCE CORPORATION, RECEIVER OF USA BANK, PORT CHESTER, NEW YORK FEDERAL DEPOSIT INSURANCE CORPORATION and NEW CENTURY BANK PHOENIXVILLE, PENNSYLVANIA DATED AS OF JULY...Purchase and Assumption Agreement • January 13th, 2011 • Customers Bancorp, Inc. • State commercial banks
THIS AGREEMENT, made and entered into as of the 9th day of JULY, 2010, by and among the FEDERAL DEPOSIT INSURANCE CORPORATION, RECEIVER of USA BANK, PORT CHESTER, NEW YORK (the "Receiver"), NEW CENTURY BANK, organized under the laws of the Commonwealth of Pennsylvania, and having its principal place of business in PHOENIXVILLE, PENNSYLVANIA (the "Assuming Institution"), and the FEDERAL DEPOSIT INSURANCE CORPORATION, organized under the laws of the United States of America and having its principal office in Washington, D.C., acting in its corporate capacity (the "Corporation").
PURCHASE AND ASSUMPTION AGREEMENT WHOLE BANK ALL DEPOSITS AMONG FEDERAL DEPOSIT INSURANCE CORPORATION, RECEIVER OF ISN BANK, CHERRY HILL, NJ FEDERAL DEPOSIT INSURANCE CORPORATION and NEW CENTURY BANK, DBA CUSTOMERS BANK, PHOENIXVILLE, PA DATED AS OF...Purchase and Assumption Agreement • January 13th, 2011 • Customers Bancorp, Inc. • State commercial banks
THIS AGREEMENT, made and entered into as of the 17th day of September, 2010, by and among the FEDERAL DEPOSIT INSURANCE CORPORATION, RECEIVER of ISN BANK, CHERRY HILL, NEW JERSEY (the "Receiver"), NEW CENTURY BANK, DBA CUSTOMERS BANK, organized under the laws of the Commonwealth of Pennsylvania, and having its principal place of business in PHOENIXVILLE, PENNSYLVANIA (the "Assuming Institution"), and the FEDERAL DEPOSIT INSURANCE CORPORATION, organized under the laws of the United States of America and having its principal office in Washington, D.C., acting in its corporate capacity (the "Corporation").
AGREEMENT AND PLAN OF MERGERMerger Agreement • January 13th, 2011 • Customers Bancorp, Inc. • State commercial banks • Pennsylvania
This AGREEMENT AND PLAN OF MERGER is dated as of August 23, 2010 (this “Agreement”), by and among Berkshire Bancorp, Inc., a Pennsylvania corporation (“Berkshire Bancorp”), its direct wholly-owned subsidiary, Berkshire Bank, a Pennsylvania commercial bank (“Berkshire Bank”), Customers 1ST Bancorp, Inc., a Pennsylvania business corporation, intending to be renamed Customers Bancorp, Inc. (“Holdco”) and New Century Bank, a Pennsylvania commercial bank (“NCB”).
