Quinnipiac Bank & Trust Company receives shareholder approval for Bankwell merger.
Global Banking News-September 26, 2014--Quinnipiac Bank & Trust Company receives shareholder approval for Bankwell merger
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Global Banking News - 26 September 2014
Bankwell Financial Group, Inc. (NASDAQ:BWFG) - the parent company of Bankwell Bank - and Quinnipiac Bank & Trust Company have said that the shareholders of Quinnipiac have approved the merger with and into Bankwell Bank on September 24, 2014.
Bankwell Bank and Quinnipiac have now secured all regulatory and shareholder approvals required for their merger to proceed. The transaction is expected to close on October 1, 2014.
Based in New Canaan, Connecticut, Bankwell Financial Group is a bank holding company for Bankwell Bank. Bankwell Bank operates branches in the Fairfield County towns or cities of New Canaan, Fairfield, Stamford, Wilton and a loan production office in Bridgeport.
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