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Banks merge, rename it ProBank Austin

Banks merge, rename it ProBank Austin

Austin Associates LLC, a local bank consulting firm known for advising on mergers and acquisitions, has embarked on a merger of its own.

The Toledo company said it is joining with Professional Bank Services Inc. of Louisville. The combined company will be called ProBank Austin.

Austin Associates, which was founded in 1969, provides consulting and investment banking services. Professional Bank Services offers many of the same services.

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Officials said the Toledo office will remain open, along with offices in Louisville and Nashville. Terms of the deal were not released.

First Published January 24, 2017, 5:00 a.m.

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