MUNSTER, Ind., Jan. 31, 2022 (GLOBE NEWSWIRE) -- Finward Bancorp (Nasdaq:FNWD) (the “Bancorp” or “Finward”), the holding company for Peoples Bank, announced today that it has successfully completed the previously announced acquisition of Royal Financial, Inc. (OTCQX:RYFL) (“Royal Financial”) and its wholly-owned Illinois state chartered savings bank subsidiary, Royal Savings Bank, of Chicago, Illinois, in a stock and cash transaction. Simultaneous with the acquisition of Royal Financial by Finward, Royal Savings Bank merged with and into Peoples Bank.
FINWARD BANCORP AND PEOPLES BANK COMPLETE ACQUISITION OF ROYAL FINANCIAL, INC. AND ROYAL SAVINGS BANK
Globe Newswire - Press Release
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