Posted In Fund IV

Leadership Transition at Southern National Bancorp of Virginia, Inc.

  • Posted 03/31/2020
  • Jennifer Lian
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MCLEAN, Va., March 31, 2020 /PRNewswire/ — Southern National Bancorp of Virginia, Inc. (NASDAQ: SONA) (the “Company”) announced today that Ms. Georgia S. Derrico is retiring from her position as Executive Chairman of the Board of each of the Company and its wholly-owned subsidiary, Sonabank, and that Mr. R. Roderick Porter is retiring from his position as Executive Vice Chairman CONTINUE READING >>

Appointment of Dennis J. Zember Jr. as President and Chief Executive Officer of Southern National Bancorp of Virginia, Inc.

  • Posted 02/20/2020
  • Castle Creek
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MCLEAN, Va.–(GLOBE NEWSWIRE)–Southern National Bancorp of Virginia, Inc. (NASDAQ: SONA) (“Southern National” or the “Company”) announced today that Dennis J. Zember Jr. has been appointed President and Chief Executive Officer of Southern National and its wholly-owned subsidiary, Sonabank, as well as a member of the Board of Directors of Southern National and Sonabank, effective February 19, 2020. Georgia Derrico, Executive CONTINUE READING >>

First Merchants, Monroe Bank & Trust Finalize Merger

  • Posted 09/3/2019
  • Castle Creek
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MUNCIE, Ind.–First Merchants Corporation (NASDAQ: FRME) and MBT Financial Corporation (NASDAQ: MBTF) have finalized a merger of the two companies. Following regulatory approvals last month, the companies consummated their legal closing through a 100% stock transaction effective September 1, 2019. As previously announced in late 2018, Monroe Bank & Trust will also merge with and into First Merchants Bank. Headquartered CONTINUE READING >>

Independent Bank Group, Inc. Completes Acquisition of Guaranty Bancorp

  • Posted 01/2/2019
  • Castle Creek
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MCKINNEY, Texas–(GLOBE NEWSWIRE)–Independent Bank Group, Inc. (NASDAQ: IBTX), the holding company for Independent Bank, today announced the completion of its acquisition of Guaranty Bancorp. Guaranty Bancorp conducts its banking operations through its wholly owned subsidiary, Guaranty Bank and Trust Company, with 32 branches strategically located along the Colorado Front Range, including 14 locations in the greater Denver metropolitan area. As CONTINUE READING >>