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Firstrust Savings Bank closes purchase of MB Financial Bank's branch

Conshohocken, Pa.-based Firstrust Savings Bank in March completed its acquisition of MB Financial Bank NA's branch at 7918 Bustleton Avenue in Philadelphia, a representative from MB Financial Bank confirmed.

As previously reported, the Pennsylvania Department of Banking and Securities in December 2016 approved Firstrust Savings' application to purchase the branch's assets and assume its liabilities.

Chicago-based MB Financial is a subsidiary of MB Financial Inc.