Posted In Fund V

SouthCrest Bank Completes the Purchase of Thomaston Branch from Colony Bank

  • Posted 01/5/2021
  • Jennifer Lian
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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 CONTINUE READING >>

Summit Financial Group, Inc. Completes Acquisition of WinFirst Financial Corp. and Subsidiary, WinFirst Bank

  • Posted 12/15/2020
  • Jennifer Lian
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Summit Financial Group, Inc.Tue, December 15, 2020, 3:00 AM PST MOOREFIELD, W.V., Dec. 15, 2020 (GLOBE NEWSWIRE) — Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) announces completion, effective December 15, 2020, of the acquisition by its subsidiary Summit Community Bank, Inc. of WinFirst Financial Corp. and its subsidiary, WinFirst Bank, headquartered in Winchester, Kentucky. The former WinFirst Bank offices will CONTINUE READING >>

Bridgewater Bank Only Minnesota Bank Named in American Banker’s 2020 “Best Banks to Work For”

  • Posted 11/11/2020
  • Jennifer Lian
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St. Louis Park, MN – Bridgewater Bank, today announced that it has been recognized as one of the 2020 Best Banks to Work For by American Banker Magazine. Bridgewater, highlighted as #46 on the list, is the only bank headquartered in Minnesota and one of 85 banks nationwide to be selected. Bridgewater Bank has focused on creating the premier banking CONTINUE READING >>

BV Financial, Inc. Announces Financial Results and Completion of Acquisition of Delmarva Bancshares, Inc.

  • Posted 11/3/2020
  • Jennifer Lian
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BALTIMORE, MD / ACCESSWIRE / November 2, 2020 / BV Financial, Inc. (OTC PINK:BVFL), the holding company for BayVanguard Bank, today reported net income of $1. 5 million, or $0.20 per diluted share, for the quarter ended September 30, 2020 compared to net income of $785,000, or $0.11 per diluted share, for the quarter ended September 30, 2019. The results reflect CONTINUE READING >>