Burke & Herbert to acquire LinkBank for $354M

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Summary

Burke & Herbert Bank will acquire LinkBank for $354M; the deal creates a bank with $11 billion in assets and expands Virginia-based Burke & Herbert into Pennsylvania.

Why It Matters for Texas Credit Unions

The article does not mention Texas specifically and is focused on a transaction between Virginia-based banks.

Original Source Material

The deal would create an $11 billion-asset bank and give the Virginia lender entry into Pennsylvania.