Reporter
Bank of Tucson parent Grandpoint Bank, which recently announced it would be acquired by California-based Pacific Premier Bank, kept its five-star rating.
Signage on the Bank of Tucson’s two local offices were changed this week to reflect the sale of the bank’s parent company to Pacific Premier Bancorp, a publicly traded company based in Irvine, California.
The $641 million stock deal is expected to close July 1.
Contact senior reporter David Wichner at dwichner@tucson.com or 573-4181. On Twitter: @dwichner. On Facebook: Facebook.com/DailyStarBiz
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