Fresno Bancorp may acquire Western Commercial.
Bolstered by record earnings, Fresno Bancorp announced an offer to purchase the capital and assets of Western Commercial. The offer provides one share of Fresno Bancorp stock for every 1.73 shares of Western Commercial. Fresno Bancorp is the holding company for Bank of Fresno, while Western Commercial is the parent company of Fresno Bank of Commerce, Merced Bank of Commerce and Western Commercial Mortgage.
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