Your Community Bankshares to Merge with WesBanco

  • M&A Deals
  • 22.08.2016 11:30 am

Your Community Bankshares, Inc., the holding company for Your Community Bank, announced today that YCB shareholders voted to approve the Agreement and Plan of Merger, dated May 3, 2016, between WesBanco, Inc. (WesBanco) and YCB. 98.75 percent of votes cast at a special meeting of YCB shareholders voted in favor of the merger, representing 69.97 percent of all outstanding YCB shares as of the record date. Subject to satisfaction of all remaining closing conditions for the transaction, which is expected to be completed before the end of the third quarter of 2016, YCB will be merged with and into WesBanco, and Your Community Bank will be merged with and into WesBanco Bank. Your Community Bank’s 36 financial centers in Indiana and Kentucky will become financial centers of WesBanco Bank.

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