FORT MITCHELL, Ky. -- Sunrise Bancorp said shareholders approved an agreement for merging with Central Bancorp., the Cincinnati-based subsidiary of PNC Financial Corp.

Sunrise Bank for Savings is to merge with PNC's Central Trust Northern Kentucky, based in Fort Wright.

Shareholders of Sunrise Bancorp will receive 0.5917 share of PNC common stock for each of their shares. Completion of the merger is expected next month.

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