LAKEVILLE, Conn. and DANBURY, Conn., Jan. 31, 2014 (GLOBE NEWSWIRE) -- Salisbury Bank and Trust Company, the wholly-owned bank subsidiary of Salisbury Bancorp, Inc. (Nasdaq:SAL) and Union Savings Bank, a state chartered mutual bank, announced today that they have executed a definitive agreement for the sale of the Sharon, Connecticut branch of Union Savings Bank. Under the agreement, Salisbury Bank and Trust Company will acquire the Sharon, Connecticut branch of Union Savings Bank and assume approximately $19 million in deposits at a premium of 2.32%.
Salisbury Bank And Trust Company And Union Savings Bank Announce Agreement For The Purchase And Sale Of The Sharon, Connecticut Branch Of Union Savings Bank
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