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Standard Bank to Become Dollar Bank in Merger

August 2nd, 2022 by WCBC Radio

Dollar Bank is consolidating four local branches of the bank it acquired last May and plans for the remaining Standard Bank branches to take the Dollar name by year-end. Standard Bank and Dollar Bank will merge as legal entities on September 6th.  The transaction  will leave Dollar with 50 Pennsylvania branches by year-end, or 94 across a footprint that includes Ohio, Maryland and Virginia. A letter from Standard Bank to it’s local customers indicated that the Cumberland location will remain;  and at this time there are no actions that need to be taken.