UMB Financial Corporation to purchase El Dorado Savings

SOUTH LAKE TAHOE, Calif. — UMB Financial Corporation has announced a new agreement to acquire El Dorado Savings Bank, F.S.B. The deal, valued at around $506 million, consists of 52 percent cash and 48 percent stock. Founded in 1958, El Dorado Savings has been serving South Lake Tahoe, Placerville, and several regions throughout Northern Nevada […]