<ul><li>Grasshopper Bank plans to acquire Auto Club Trust, a subsidiary of The Auto Club Group (ACG)</li><li>The acquisition will make Grasshopper Bank the exclusive bank powering depository and certain lending offerings to AAA members in ACG's 14-state territory</li><li>The transaction is expected to close in the first half of 2025, subject to customary closing conditions</li><li>Grasshopper Bank aims to expand consumer and business products provided to the community over time</li></ul>

Grasshopper Bank to Acquire Auto Club Trust

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