Williamsville State Bank & Trust, a wholly-owned subsidiary of WSB Financial Ltd., has been acquired by Land of Lincoln Credit Union. Pursuant to the definitive agreement, Land of Lincoln Credit Union purchased substantially all of the assets and liabilities of Williamsville State Bank & Trust in an all-cash transaction.
Olsen Palmer LLC served as financial advisor to WSB Financial Ltd. and Williamsville State Bank & Trust.
With the transaction finalized, the combined institution has a footprint of 18 branches.
Olsen Palmer is the #1 sell-side bank M&A advisor nationwide and one of the top 3 overall (sell-side + buy-side) based on transaction count over the last four quarters, according to S&P Global.