Pennsylvania's expansion-minded Susquehanna Bancshares would move into the Philadelphia suburbs for the first time with the latest deal to add to its growing tribe of banks.

The multibank holding company, which has stuck primarily to rural Pennsylvania until now, said last week that it would pay $15 million for $103 million-asset Founders' Bank in Bryn Mawr.

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.