Banking: United Community Bank buys three Indiana branches of Integra Bank National Association
United Community Bancorp, Inc. has announced that its subsidiary, United Community Bank, has completed the purchase of three branch offices and certain loans of Integra Bank National Association. The acquisition completed following the close of business on Friday 4 June 2010 at which time the Integra Bank National Association branch offices located in the towns of Osgood, Milan and Versailles, Indiana became branch offices of United Community Bank.
Following completion of the transaction, United Community has nine branches -- four in Lawrenceburg; one in Aurora; one in St. Leon; one in Osgood; one in Milan; and one in Versailles, and approximately USD490 million in assets and USD430 million in deposits.