NexTier and Mars Bancorp complete merger to form Western Pennsylvania’s leading community bank

NexTier, Inc., the parent company of NexTier Bank, N.A., announced on Tuesday that it has successfully merged with Mars Bancorp, Inc., the owner of Mars Bank, as of February 16, 2024.

The merger creates a combined entity with more than $2.7 billion in assets and 31 branches across seven counties in Pennsylvania, as well as loan production offices in Ohio and New York.

The new organization, which will operate under the NexTier Bank name, aims to provide a full range of products and services to businesses and consumers in Western Pennsylvania, with a focus on exceptional customer service and local decision making. The bank also plans to continue its long-standing tradition of community involvement and support, which both NexTier and Mars have upheld for over a century.

“We are excited to welcome Mars Bank customers and employees to the NexTier family. This merger enhances our presence and capabilities in Western Pennsylvania, and allows us to offer more value and convenience to our customers. We look forward to building on the legacy and reputation of both banks as we grow together,” said Patrick O’Brien, President and CEO of NexTier, Inc.

The merger of Mars into NexTier enhances NexTier’s geographic footprint. “Joining together with Mars Bank provides us the opportunity to expand into Mercer County”, stated Clem Rosenberger, President & CEO of NexTier. “Mars Bank customers will have access to enhanced deposit and lending products, digital banking solutions, and Treasury Management services. We look forward to meeting the financial needs of Mars Bank customers and will continue the legacy customer service and community partnerships they’ve come to know and trust.”

NexTier also welcomes Jim Dionise, President & CEO of Mars, to NexTier Bank’s Board of Directors. “Jim has been a well-respected, financial industry expert within Western Pennsylvania for many years and we look forward to having his experience and knowledge within our board room.”

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