CBB Bancorp Acquires Ohana Pacific Bank
July 1, 2021
CBB Bancorp, Inc., the holding company of Commonwealth Business Bank, has completed its acquisition of Ohana Pacific Bank, adding two branch locations in Honolulu, Hawaii. The deal expands CBB's geographic footprint into Hawaii and is expected to provide new sources of core deposit and loan growth while Ohana continues to operate as a division under its existing leadership.
- Buyers
- CBB Bancorp, Inc. (Commonwealth Business Bank)
- Targets
- Ohana Pacific Bank
- Industry
- Financial Services
- Location
- Hawaii, United States
- Transaction Type
- Buyout
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