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CFBank And Consumers National Bank Enter Into Agreement For Consumers To Purchase CFBank’s Two Columbiana County, Ohio Branches

  • Posted: 12/29/2020
  • Jennifer Lian
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WORTHINGTON, Ohio and MINERVA, Ohio, Dec. 29, 2020 /PRNewswire/ — CFBank, National Association (“CFBank”) and Consumers National Bank (“Consumers”) have announced the signing of a branch purchase and assumption agreement pursuant to which Consumers will acquire the Wellsville, Ohio drive-up branch and the Calcutta, Ohio branch of CFBank. The purchase and assumption agreement provides for the transfer by CFBank to Consumers of the land, buildings and other associated assets of CONTINUE READING >>

Southern California Bancorp Completes $42 Million Capital Offering

  • Posted: 12/23/2020
  • Jennifer Lian
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SAN DIEGO–(BUSINESS WIRE)–Southern California Bancorp (the “Company”) (OTC Pink: BCAL), the holding company for Bank of Southern California, N.A. (the “Bank”), announces the successful completion of a capital raise of approximately $42 million through the issuance of common stock in a private placement to institutional and accredited individual investors at a price of $12.00 per share. “We are very pleased 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 >>

Bank of Southern California Names Thomas G. Dolan Chief Financial Officer

  • Posted: 12/7/2020
  • Jennifer Lian
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Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, announced today the appointment of Thomas G. Dolan as Executive Vice President, Chief Financial Officer. In his new role, he will continue to serve as a key member of the executive leadership team and will lead financial planning and analysis, accounting, investor relations, and CONTINUE READING >>