Providence Bank & Trust has entered into a merger agreement with The Leaders Bank. Going forward, The Leaders Bank and its $359 million in assets will merge into Providence Bank & Trust. Providence Bank is a stewardship-based bank with 15 locations throughout the greater Chicago area and Indiana.
Providence Bank operates under its mission and commitment to service and stewardship with the intention of being an operation beyond a place to deposit money. The firm focuses on offering meaningful financial services to its diverse customer needs.
“Our investment in Leaders Bank reflects our ongoing commitment to providing personalized banking services and products at the community level,” said Steve Van Drunen, president and CEO of Providence Bank & Trust.
“We’re pleased to have come to an agreement with Providence Bank & Trust, as joining forces will provide a stronger banking network and enhanced services for our customers,” said William Gleason, president of Leaders Bank.