Interra Credit Union to acquire The Hicksville Bank
Interra Credit Union to acquire The Hicksville Bank, expanding financial access into Northwest Ohio, Goshen, Indiana and Hicksville, Ohio — Interra Credit Union and The Hicksville Bank alongside its bank holding company, Empire Bancshares, Inc., jointly announced today that they have entered into a definitive agreement whereby Interra Credit Union will purchase substantially all the assets and liabilities of The Hicksville Bank in an all-cash transaction. The proposed acquisition represents a strategic expansion of Interra’s presence into Northeast Indiana and Northwest Ohio.
While the agreement is contingent on obtaining regulatory and Empire stockholder approvals, the proposed transaction has been approved by both institutions’ Board of Directors. When the purchase is complete, Interra will be bringing together two community-focused financial institutions with deep local roots and a shared commitment to people-first banking.
The combination is designed to strengthen long-term service for members and customers, expand access to financial products and technology, and preserve the relationship-driven approach both institutions are known for, while continuing to invest in the communities they serve. The partnership brings together two organizations deeply rooted in relationship banking, with a shared focus on supporting local families, farmers, and small-town communities.
“From the start, this was about people, our members, our employees, and the communities who trust us,” said Amy Sink, CEO of Interra Credit Union. “This is about honoring the legacy of two organizations that share a deep commitment to their communities and build a new future together. We’re excited to build on that foundation and continue delivering the service, trust, and support our members and customers expect.”
Founded with a strong local mission, The Hicksville Bank has long served individuals, families, and businesses through personalized service and community involvement across Northeast Indiana and Northwest Ohio.
“This partnership keeps our passion exactly where it belongs—on our customers and our communities,” said Greg Smitley, CEO of The Hicksville Bank. “Interra shares our belief that banking should be personal, accessible, and deeply connected to the places we serve.”
About Interra Credit Union - Interra Credit Union, headquartered in Goshen, Indiana, was chartered in 1932 and has assets of $2 billion. The credit union’s field of membership spans 24 counties in northern Indiana, with more than 325 full and part-time employees serving nearly 90,000 members. Interra currently operates 16 offices in Elkhart, LaGrange, Kosciusko, Marshall, and Noble counties in Indiana and offers convenient online services at www.interracu.com. Interra Credit Union is being represented by Honigman LLP.
About The Hicksville Bank - The Hicksville Bank, established in 1901, is a community-focused financial institution headquartered in Hicksville, Ohio, with a long-standing tradition of serving individuals, families, and businesses. With approximately $225 million in assets, the bank serves communities across 2 northwest Ohio and northeast Indiana through a network of four branches. The Hicksville Bank is known for its personalized, relationship-based approach and its strong commitment to the communities it serves. Learn more by visiting www.thb.bank. The Hicksville Bank is being represented by Shumaker, Loop, Kendrick LLP & Hovde Group.
Media Contacts:
Andy Marshall, Chief Operating Officer
Executive Vice President
Interra Credit Union
(574) 534-2506 ext. 7151
andym@interracu.com
Mindy Bobay, President & CFO
The Hicksville Bank
(419) 542-7726
mbobay@thb.ban
