News

Bank of Ann Arbor Expands Further in Oakland County with Definitive Agreement to Merge with Huron Valley State Bank

Two High Performing Michigan-based Banks to Merge Expanding Markets, Products, Services, and Offerings  • Arbor Bancorp, Inc. (Bank of Ann Arbor) to acquire Huron Valley Bancorp, Inc. (Huron Valley  State Bank) and intensify its presence in the attractive Oakland County market • Brings more products, services, and resources to accelerate Huron Valley’s announced  expansion and new location in Northville  • All-cash transaction valued at $59.00 per share, or approximately $52 million in aggregate •