LINKBANCORP, INC. Announces Receipt of Regulatory Approvals for New Jersey Branch Sale

Core Viewpoint - LINKBANCORP, Inc. has received all regulatory approvals to complete the sale of its New Jersey operations to American Heritage Federal Credit Union, with the transaction expected to close on March 31, 2025 [1][2]. Group 1: Transaction Details - The sale includes three branches, associated loans, deposits, and fixed assets acquired during LINKBANCORP's merger with Partners Bancorp in November 2023 [2]. - The transaction is subject to customary closing conditions [2]. Group 2: Company Overview - LINKBANCORP, Inc. was established in 2018, focusing on community banking to positively impact lives [3]. - Its subsidiary, LINKBANK, operates in Pennsylvania, Maryland, Delaware, Virginia, and New Jersey, with 27 client solutions centers [3]. - LINKBANCORP's common stock is traded on the Nasdaq Capital Market under the symbol "LNKB" [3].