Pursuant to the terms of the purchase and sale agreement between the bank and First Niagara, it has purchased real property totaling approximately $1.36 million and assumed deposit liabilities totaling approximately $76.63 million. The bank has retained all employees of the branch offices.
Williar Dunlaevy, chairman and CEO of Legacy, said: We are thrilled to welcome our new employees and customers to the Legacy family. We are grateful to everyone at First Niagara and Legacy for their tireless work and the professional manner in which they executed this acquisition.
