State Bank Group Acquires Harvard Savings Bank
The Barack Ferrazzano Financial Institutions Group acted as legal counsel to Wonder Bancorp, the parent of State Bank Group, in the acquisition of Harvard Savings Bank and its three locations. This brings to nine the number of locations State Bank Group will own throughout McHenry and Grundy Counties. The Harvard Savings Bank name will be maintained for all three locations despite the acquisition.
Barack Ferrazzano's legal team was led by Brent McCauley. Other members of the team included Scott Porterfield, Andrew K. Strimaitis, Katherine Getz and Emily N. Henkel.
Barack Ferrazzano Financial Institutions Group
This is our 13th announced bank deal in 2016 and our 57th announced deal since 2011. Our 30-attorney Group has represented more than 250 financial institutions across the country. Our M&A experience is unparalleled—over the past decade, our Group ranked #1 in the Midwest region by number of announced bank and thrift merger and acquisition transactions—according to SNL Financial. The Financial Institutions Group was again named as one of the top financial institution groups in the nation in the U.S. News & Best Lawyers 2016 report.
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To read more about this first of its kind acquisition for State Bank Group click here.