Trustar Bank signs deal to buy Forbright branches in Maryland, Virginia with USD 750 million deposits

• Trustar Bank, owned by Trustar Bankshares, agreed to acquire Forbright Bank branches in Potomac and North Bethesda, Maryland.
• Deal also includes Forbright’s customer service hub in McLean, Virginia.
• Transaction covers about USD 750 million of local deposits for an estimated deposit premium of about USD 19 million.
• Closing targeted for Q4 2026, subject to customary closing conditions.
• Trustar expects the transaction to be accretive to 2027 earnings.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Trustar Bankshares, Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202608210600BIZWIRE_USPR_____20260821_BW322193) on August 21, 2026, and is solely responsible for the information contained therein.