Tuesday, July 23, 2019

First South Financial CU to Buy WinFirst Bank

First South Financial Credit Union (Bartlett, TN) has entered into an agreement to acquire WinFirst Financial Corp., the holding company for $138 million WinFirst Bank (Winchester, KY).

First South Financial is a $589 million credit union with 18 locations. WinFirst Bank has two locations in Winchester.

The transaction is expected to close during the fourth quarter of 2019, subject to customary regulatory approval and completion of closing conditions.

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