Croswell, Mich.-based Eastern Michigan Financial Corp., the holding company ofEastern Michigan Bank($293.0 million), completed its acquisitionof Ruth, Mich.-based Ruth BankCorp., the holding company of Ruth State Bank ($37.4 million).
The completion of the deal brings Eastern Michigan Bank's totalassets to about $315 million, according to an April 1 news release.
Ruth State Bank's branch will continue to operate as RuthState Bank until early June. In June, it will become a branch of EasternMichigan Bank.