In Brief: Hubco Completes Conn. Bank Purchase

Hubco has completed its acquisition of Lafayette- American Bank and Trust Co., Bridgeport, Conn. The acquired bank will be operated as a separate subsidiary.

Hubco has two other acquisitions pending in Connecticut, which will give it $1.2 billion in assets and 27 branches in that state, primarily in Fairfield and New Haven counties. The company has $1.7 billion in assets and 60 branches in its primary northern New Jersey market.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER