Merchants National acquisition gives Bank of Commerce first Sacramento branch


Bank of Commerce Holdings' first Sacramento branch will be in the oldest operating bank building in the city.

On Thursday, Sacramento-based Bank of Commerce Holdings (Nasdaq: BOCH) agreed to buy The Merchants National Bank of Sacramento in a deal valued at $37 million.

The merger will give the bank a branch at Seventh and Merchant streets in the historic building where Merchants National was founded in 1921.

Bank of Commerce moved its corporate headquarters from Redding to Sacramento in August…

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