DEFIANCE Rurban Financial Corp., a bank holding company
here, announced yesterday it has a deal to buy two bank
branches in Lima from Liberty Savings Bank.
The transaction, which doesn t require approval by either firm s shareholders and is expected to be finalized within 90 days, will give Rurban nearly $62 million in deposits and $5.4 million in loans.
Rurban did not say whether it would rename the branches under its banking company, State Bank and Trust.