ENCINITAS, Calif. - SDN Bancorp, parent of San Dieguito National Bank, reported that it has completed the previously announced sale of common stock to Dartmouth Capital Group, a limited partnership led by Robert P. Keller.

Dartmouth Capital and its affiliates purchased $4.9 million of newly issued stock of SDN Bancorp, resulting in ownership of 94% - a stake that could go up to 97%.

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