Colony Bankcorp Announces Sale of Thomaston, Georgia, Branch to SouthCrest Financial Group
FITZGERALD, Ga.--(BUSINESS WIRE)---- $CBAN--Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”) today announced that it had signed an agreement to sell its Thomaston, Georgia, branch to SouthCrest Financial Group, Inc. (SouthCrest), the bank holding company for SouthCrest Bank, N.A. The branch is located at 206 North Church Street. The transaction, which is expected to close in the fourth quarter of 2020, subject to regulatory approval and other customary conditions, is expected to result in
Colony Bankcorp Announces Sale of Thomaston, Georgia, Branch to SouthCrest Financial Group
FITZGERALD, Ga.--(BUSINESS WIRE)---- $CBAN--Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”) today announced that it had signed an agreement to sell its Thomaston, Georgia, branch to SouthCrest Financial Group, Inc. (SouthCrest), the bank holding company for SouthCrest Bank, N.A. The branch is located at 206 North Church Street. The transaction, which is expected to close in the fourth quarter of 2020, subject to regulatory approval and other customary conditions, is expected to result in