TriSummit Bank previously announced its plans to acquire CNLA on January 14, 2014.
The former branches of CNLA will be operated as branches of TriSummit Bank effective with the July 1, 2014, effective date of the transaction.
As of March 31, 2014, CNLA had total assets of approximately USD118m, total loans of approximately USD61m and deposits of approximately USD99m.
In connection with the transaction, CNLA shareholders will receive USD5.35 per share, in cash, for their shares of CNLA stock.
said one of its activists was a member of a Welsh nationalist extremist group which burned English holiday homes.
Padstow-based millionaire chef Rick Stein has also been threatened by the CNLA.
But yesterday Richard Clark, economics spokesman for Mebyon Kernow, the political party campaigning for a Cornish Assembly, said he believed the CNLA was the work of a small number of people who were "mentally unbalanced".
But the CNLA labelled TV's Naked Chef "another incomer who has caused the inflation of house and other living costs ...
CAMPAIGN: A horse rider holds the Cornish flag; THREATS: Jamie Oliver at his Cornish restaurant and, left, CNLA graffiti
2 of The Journals of Captain James Cook on His Voyages of Discovery (London, 1988); James Cook, "Journal of the Resolution 1772-1775," photocopy of original journal, 1775, CNLA
said in an email received by the Plymouth-based Western Morning News newspaper that local people had approached their activists "for assistance".
The Cornish National Liberation Army (CNLA
) said in an email received by the Plymouth-based Western Morning News newspaper that local people had approached their activists "for assistance" against Stein - described as "this English newcomer".