Coeur d’Alene Bancorp Announces Closing of $5 Million Private Placement
May 6, 2019
COEUR D’ALENE, Idaho–(BUSINESS WIRE)–The private placement commenced on January 7, 2019 offering 333,332
shares at a price of $9 per share and ultimately increased to
accommodate interested investors with a total of 555,555 shares at $9
per share sold.
“The capital will be used to continue our growth and expansion with a
new branch opening in Post Falls during the third quarter of this year.
As of June 10th bankcda is the only truly local community
bank remaining in North Idaho. Our local decision-making and
relationship-based banking resonates with small business owners and
consumers in our community” said Veach
Coeur d’Alene Bancorp, parent company of bankcda, is headquartered in
Coeur d’Alene, Idaho with branches in Coeur d’Alene, Hayden and Kellogg.
For more information, visit www.bankcda.com
or contact Wes Veach at 208-415-5006.
Contacts
Wes Veach, 208-415-5006