Buckley represents Frederick County Bancorp, Inc. and its subsidiary in acquisition by ACNB Corp.
Buckley LLP represented Frederick County Bancorp, Inc. and its wholly owned subsidiary, Frederick County Bank, in its acquisition by ACNB Corp. in a transaction valued at $60 million.
ACNB Bank will operate former Frederick County Bank locations as “FCB Bank, A Division of ACNB Bank.” The transaction is expected to close in the fourth quarter of 2019 or the first quarter of 2020.
As of March 31, 2019, FCBI had total assets of $442.4 million. Established in 2001, Frederick County Bank is a full-service community bank serving businesses, individuals, and community organizations, and operates five bank center locations in northern Maryland.
The Buckley team included senior counsel Noel M. Gruber and counsel Ryan Pollard.