BELZONI, Miss. - Guaranty Bank has entered into an agreement to acquire First American National Bank (FANB). Guaranty made the announcement June 30. Both companies’ Board of Directors have approved the transaction.
It remains subject to customary shareholder and regulatory approvals. The deal is expected to close later this year.
“With this partnership, our customers will gain access to a wider array of product offerings and expand our geographic locations," FANB CEO Tommy Chamblee said.
"We will shape a brighter financial landscape with a shared purpose and create opportunities that propel us all toward a prosperous future,” Guaranty Bank President and CEO Hue Townsend said.
FANB is HQ'd in Iuka with branches in Corinth, Burnsville, Iuka, Booneville, Tishomingo, Belmont, Saltillo, Tupelo, Fulton and Amory. Guaranty Bank has branches from Memphis to Vicksburg. (WTVA 06/30/23)
No comments:
Post a Comment