Photo: TDECU signs definitive agreement for the acquisition of Sabine State Bank and Trust. From L to R: Paul Sklar, Chief Financial Officer of Sabine State Bank and Trust; Lee McCann, President and CEO of Sabine State Bank and Trust; Dave Sikora, TDECU Board Chairman; Isaac Johnson, TDECU President and CEO; Jim Cole, Sabine Board Chairman; John Whitehead, General Counsel and Chief Compliance Officer of Sabine State Bank and Trust; Aparna Dave, TDECU Chief Legal Officer and General Counsel Photo courtesy: TDECU From L to R: Paul Sklar, CFO of Sabine State Bank and Trust; Lee McCann, president/CEO of Sabine State Bank and Trust; Dave Sikora, TDECU board chairman; Isaac Johnson, TDECU president/CEO; Jim Cole, Sabine board chairman; John Whitehead, general counsel and chief compliance officer of Sabine State Bank and Trust; Aparna Dave, TDECU chief legal officer and general counsel. Credit/TDECU

The $4.6 billion TDECU in Lake Jackson, Texas said it plans to acquire the $1.3 billion Sabine State Bank and Trust in Many, La., the second largest credit union bank buy deal this year.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.