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COPYRIGHT 2002 PR Newswire Association LLC
Purchase and Assumption Agreement signed with Union Bank Company For Rurban's Wood and Sandusky County Locations
Rurban Financial Corp. ("Rurban") announced that a "Purchase and Assumption Agreement" was signed between RFC Banking Company (RFCBC), Rurban's wholly- owned subsidiary, and The Union Bank Company on December 30, 2002. The agreement outlines the sale of RFCBC's Wood and Sandusky County branches located in Pemberville, Gibsonburg and the Otterbein-Portage Valley Retirement Village.
"We continue to implement our strategy to strengthen our capital and asset quality and the purchase and assumption agreement represents...
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