Scotiabank to acquire MapleMark Bank for US mortgage push - HousingWire
Scotiabank→MapleMark Bank
May 30, 2026
The SEC filing includes an execution-version deposit purchase agreement between Axos Bank and SMBC Manubank dated February 12, 2026, prepared to facilitate discussions of a possible transaction. The document is structured around transfer and assumption of deposits, closing payment and adjustments, and closing mechanics.
Key sections cover regulatory matters, direct deposits and conversion of deposits, customer notices, confidentiality, and post-closing matters. It also includes termination provisions and miscellaneous terms such as exclusivity, indemnification, and governing law.
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