Bob Schwartz and Greg Krauss Counsel Poughkeepsie-Based Bank in Strategic Merger Agreement

Thursday, March 20, 2014

Bob Schwartz (Partner, New Brunswick) and Greg Krauss (Associate, New Brunswick) served as legal counsel to Poughkeepsie-based Riverside Bank in its merger agreement with Salisbury Bancorp, Inc.

The $28 million, all-stock transaction is expected to create a bank with approximately $808 million in total assets, $630 million in total loans and $682 million in total deposits and 13 branch locations across Connecticut, Massachusetts and New York.

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