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  • To learn more about Clarkston State Bank's merger into Waterford Bank, N.A., visit our Merger Center.

Waterford Bancorp, Inc Announces Agreement to Acquire Clarkston Financial Corporation

Waterford Bancorp, Inc Announces Agreement to Acquire Clarkston Financial Corporation

Waterford Bancorp, Inc Announces Agreement to Acquire Clarkston Financial Corporation 1280 800 Waterford Bank NA

TOLEDO, Ohio and CLARKSTON, Mich., June 5, 2019 –Waterford Bancorp, Inc., Toledo, Ohio (“Waterford”), the bank holding company for Waterford Bank, and Clarkston Financial Corporation, Clarkston, Michigan (“Clarkston”), the bank holding company for Clarkston State Bank, jointly announce the signing of a definitive agreement and plan of reorganization and merger. Under the terms of the agreement, Clarkston will merge with and into Waterford and Clarkston State Bank will merge with and into Waterford Bank.

Read the full press release here.
Read our FAQs about the agreement here.

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Our system merger will take place on March 9, 2020. Online Banking will be in Inquiry Mode after 5PM on March 6, 2020 through the weekend. On March 9, 2020 your new Online Banking will be available. All users (Personal and Business) except Treasury Management users should use the “Personal Banking Online Access” link to the left.

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