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Butler, Pa.-based NexTier Inc. said Feb. 2 that its unit NexTier Bank NA will receive a capital infusion from the Snyder Group.
"The Snyder Group is providing NexTier a capital infusion in the form of an investment in common stock which exceeds the amount required by the Bank's regulators," NexTier Bank President Margaret Irvine Weir said in a news release. In October 2010, NexTier entered into a written agreement with the Federal Reserve...