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Eastern Virginia Bankshares (EVBS) said Thursday that it has agreed to acquire Virginia Company Bank (VGNA) for $9.2 million in stock and cash.
May 29 -
The National Credit Union Administration has approved the sale of Flint River National Bank in Camilla, Ga., to Five Star Credit Union in Dothan, Ala.
May 29
Mercantile Bank (MBWM) in Grand Rapids, Mich., has
The company has $2.9 billion in assets, making it the third-biggest bank holding company based in Michigan. It has 53 branches in the state.
"As a result of this merger, the combined Mercantile has a strengthened competitive position with an expanded geographic footprint," Michael Price, the companys president and chief executive, said in a Monday press release.
The $151 million deal, announced last August, was initially expected to close
The end of May also marked the completion of several other regional bank acquisitions.
Provident Financial Services (PFS) in Jersey City, N.J.,
BNC Bancorp (BNCN) in High Point, N.C.
Meanwhile, HomeTrust Bancshares (HTBI) in Asheville, N.C., on May 31
Peoples Bancorp (PEBO) in Marietta, Ohio,