Hebron Savings Bank, a company based on the Eastern Shore, said Monday it would buy the Salisbury branch of Bay National Bank for an undisclosed amount.
Lutherville-based Bay National is selling the branch's $21 million deposit base and about 36 percent of its total loans to Hebron, according to a regulatory filing. The deal, which is subject to regulatory approval, would close by the end of September, the two companies said.
