News

OTC Markets Group Welcomes Trinity Capital Corporation to OTCQX

  • Posted: 09/11/2017
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NEW YORK, September 11, 2017–(PRNewswire)–OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Trinity Capital Corporation (OTCQX: TRIN), parent company of Los Alamos National Bank (“LANB”), has qualified to trade on the OTCQX® Best Market. Trinity begins trading today on OTCQX under the symbol “TRIN.”  U.S. investors can find current financial CONTINUE READING >>

SouthCrest Financial Group Announces Closing on Sale of Two Alabama Branches to Guardian Credit Union

  • Posted: 09/11/2017
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ATLANTA, Ga.–(GLOBE NEWSWIRE)–Brian D. Schmitt, Chief Executive Officer of SouthCrest Financial Group, Inc. (SCSG:PK), announced today that the company has completed the sale of its two branches in Alabama and all related deposits and assets to Guardian Credit Union, a respected Alabama consumer financial services cooperative. The sale, which closed Friday, Sept. 8, 2017, strengthens SouthCrest Financial Group’s strategic plan CONTINUE READING >>

FirstCapital Bank of Texas Completes Independent Bank Branch Buy

  • Posted: 09/11/2017
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Copyright © 2017, SNL Financial By Joshua Recamara Midland, Texas-based FirstCapital Bank of Texas NA on Sept. 1 completed its acquisition of McKinney, Texas-based Independent Bank’s Marble Falls, Texas, branch, Amarillo (Texas)-Globe News reported Sept. 9. The branch, which is located at 507 Ranch Road 2147 in Marble Falls, remains open and has retained all current employees. As of June CONTINUE READING >>

Missouri’s Citizens Bancshares Redeems TARP Stock, Names Investor to Board

  • Posted: 08/17/2017
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Copyright © 2017, SNL Financial By Nicole De Dios Kansas City, Mo.-based Citizens Bancshares Co. has redeemed $23.8 million of its remaining series A and B fixed-rate cumulative preferred stock issued under the U.S. Treasury’s Troubled Asset Relief Program. The redemption was funded through the issuance of more than $2 million in common stock to directors and of $13 million CONTINUE READING >>