August 23, 2019
On August 21, 2019, San Luis Valley Federal Bank, Alamosa, Colorado, completed its reorganization from a mutual savings bank to the mutual holding company form of organization. In connection with the reorganization, the bank formed Colorado Mutual Holding Company, which owns 100% of Colorado Mutual Bancorp.
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August 21, 2019
On August 20, 2019, Community First Bancshares, Inc., Covington, Georgia (“Community First”), the holding company for Newton Federal Bank, and ABB Financial Group, Inc., Atlanta, Georgia (“ABB”), the holding company for Affinity Bank, announced the signing of a definitive merger agreement, pursuant to which ABB will merge with and into Community First, with Community First as the resulting company.
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August 12, 2019
On August 9, 2019, Country Bank Holding Company, Inc., New York, New York (“CYHC”), the holding company for Country Bank, and OceanFirst Financial Corp., Red Bank, New Jersey, the holding company for OceanFirst Bank, N.A., announced the signing of a definitive merger agreement pursuant to which CYHC will merge with and into OceanFirst Financial, with OceanFirst Financial as the resulting company.
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August 7, 2019
On August 6, 2019, Sevier County Bancshares, Inc. (“Sevier County”), Sevierville, Tennessee, the holding company of Sevier County Bank, announced the completion of its $13 million common stock offering, effective August 1, 2019.
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August 5, 2019
On August 1, 2019, West End Bank, S.B., Richmond, Indiana, and Three Rivers Federal Credit Union, Fort Wayne, Indiana, announced that Three Rivers will acquire the assets and assume the liabilities of West End Bank in an all-cash transaction.
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