OWINGS MILLS, Md. – Shareholders of BUCS Financial Corp., once known as BUCS FCU, voted Friday to approve the acquisition of the former credit union by a Pennsylvania-based bank, the 10th converted credit union to fall prey to a takeover. Terms of the deal call for rapidly growing Community Banks, based in nearby Harrisburg, Pa., to pay $24 a share, or $23 million to acquire BUCs. Herbert Moltzan, the CEO of BUCs, who converted the credit union to bank in 1998, will earn almost $1.5 million in the deal. Earlier this month Community Bank agreed to acquire East Prospect Bank, a $58 million bank in East Prospect, Pa., giving it almost $3.5 billion in assets.
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