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Neighborhood Bancorp completes USD 2.9m capital raise

Nov 06, 2018 - Global Banking News

Neighborhood Bancorp has announced the completion of a USD 2.9 million capital raise that was oversubscribed among directors, officers and existing shareholders, along with a significant investment by an experienced local community bank investor, the company said.

Neighborhood Bancorp is the holding company for Neighborhood National Bank, a Community Development Financial Institution. The company provides financial services to businesses, professionals, non-profit organizations, investors...