Two New York State community banks are joining forces in what they call a merger of equals.

Progressive Bank Inc., with $884 million of assets, and Hudson Chartered Bancorp, with $723 million of assets, said Tuesday they would merge under a new name, Premier National Bancorp.

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.