Norcon Financial Corp., the holding company of Conway Bank, announced the completion of its merger with Overbrook Bankshares, Inc., the holding company of The First Security Bank. Pursuant to the transaction, Overbrook Bankshares, Inc. acquired Norcon Financial Corp. through the merger of Norcon Financial Corp. with and into Overbrook Bankshares, Inc., with Overbrook Bankshares, Inc. continuing as the surviving entity. Immediately following the merger, Conway Bank merged with and into The First Security Bank, with The First Security Bank continuing as the surviving bank.
Olsen Palmer LLC served as financial advisor to Norcon Financial Corp. in connection with this transaction.
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