Valencia Bank Acquires First Valley National
- Share via
Valencia Bank & Trust, Santa Clarita, said it has acquired First Valley National Bank in a stock-for-stock transaction valued at $6.1 million. Shareholders of First Valley will receive 0.816 shares of Valencia stock per share. First Valley’s Lancaster and Palmdale branches will each be renamed First Valley, a Division of Valencia Bank & Trust.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.