SouthCrest Bank Completes the Purchase of Thomaston Branch from Colony Bank

SouthCrest Bank Completes the Purchase of Thomaston Branch from Colony Bank

  • Posted: 01/5/2021
  • Jennifer Lian

ATLANTA, Jan. 05, 2021 (GLOBE NEWSWIRE) — SouthCrest Bank, a division of SouthCrest Financial Group (SCSG: PK), completed the purchase of the Thomaston, GA branch of Colony Bank on December 30th, 2020. As previously announced, the purchase included effectively all of the deposits associated with the branch and a select number of loans. As of December 31st, the transferred accounts were open and available at SouthCrest Bank.

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