Shareholders approve Willow Financial sale

Willow Financial Bancorp Inc.'s purchase by Harleysville National Corp. for $169.2 million was approved by shareholders, Harleysville said today.

The deal, which awaits regulatory approvals, will create the third-largest bank headquartered in the Philadelphia region, with $5.5 billion in assets and 84 branches, Harleysville said.

The sale, announced in May, is expected to close in the fourth quarter.