Thursday, May 29, 2014

NCUA Approves Five Star CU's Purchase of Bank

The National Credit Union Administration approved the purchase of Flint River National Bank in Camilla, Georgia by $260 million Five Star CU headquartered in Dothan, Alabama.

The deal is scheduled to close in early June.

This is the fifth transaction involving a credit union purchasing a bank in the last two years.

No comments:

Post a Comment