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First National Bank Of Odon Being Acquired By Clarksville's First Savings Financial Group

Last updated on Friday, August 4, 2017

(ODON) - The First National Bank of Odon is in the process of being acquired by Clarksville’s First Savings Financial Group.

The deal is valued at just more than ten and a half million dollars.

First Savings officials say First National Bank of Odon will be absorbed into the First Savings brand.

The deal is subject to approval by First National Bank of Odon shareholders, and by regulators. the deal calls for first National Bank of Odon shareholders to receive $265 per share of common stock they own in the bank.

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