NexTier merges with Ohio bank
NexTier Bank, headquartered in Butler, has officially completed a legal merger with an Ohio-based bank.
As of Aug. 31, NexTier has merged with Riverside Bank of Dublin in Dublin, Ohio, with the operational merger between the two entities expected to occur in November according to NexTier Bank.
NexTier has 32 branches throughout Western Pennsylvania, Western New York and Central Ohio before the merger, with an expected asset value of about $3.2 billion following the merger.
NexTier will continue to support Riverside’s client base once the operational side of the merger is complete across its two locations.
Many Riverside team members are slated to stay, including founder and president of Riverside, Travis Sanders, who will lead the Central Ohio team as the Columbus Regional president.
