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Waterford Bancorp, Inc Announces Agreement to Acquire Clarkston Financial Corporation


Waterford News

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.