The closing of the sale of Harleysville National Corp. to First Niagara Financial Group of Buffalo has been pushed back.

First Niagara said Tuesday that the deal with the $5.2 billion-asset Harleysville of Pennsylvania, which was expected to close in the first quarter, is now set to close by April 12.

A First Niagara spokeswoman said completion of the deal has been delayed by the regulatory process as the $14.4 billion-asset thrift switches to a commercial bank charter.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.