Banknorth Acquires N.Y. Agency
NU Online News Service, May 20, 12:06 p.m. EST?Banknorth Group Inc., Portland, Maine, announced the expansion of its insurance services into New York State with the acquisition of Community Insurance Agencies Inc.
Banknorth said it has signed a letter of intent to acquire Community Insurance, headquartered in South Glens Falls, N.Y.
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