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DNB Financial completes East River Bank acquisition

Downingtown, Pa.-based DNB Financial Corp. ($764.2 million) its of Philadelphia-based ($320.4 million)on Oct. 1.

On a consolidated basis, DNB has approximately $1.1 billionin assets, $764 million in loans, and $841 million in deposits, with 15 branchoffices in Chester, Delaware and Philadelphia counties, according to a releasefrom the company.

All East River Bank offices will be converted to theDNB First NA brandupon the completion of the banking system conversion, which the bank said is scheduledfor November.