The Federal Reserve Board has approved Evansville-based Old National Bancorp's (NYSE: ONB) merger with United Bancorp Inc. (Nasdaq: UBCP) in Michigan. The deal is valued at more than $170 million. You can view the board's decision by clicking here.

July 14, 2014

News Release

The Federal Reserve Board on Monday announced its approval of the application filed by Old National Bancorp, Evansville, Indiana, to merge with United Bancorp, Inc. and thereby indirectly acquire United Bank & Trust, both of Ann Arbor, Michigan.

Source: Federal Reserve Board

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