Printer Friendly

ALLIED BANKSHARES, INC. TO PURCHASE NEW BRANCH IN GROVETOWN, GA.

 THOMSON, Ga., Feb. 4 /PRNewswire/ -- Allied Bank of Georgia, a subsidiary bank of Allied Bankshares, Inc. (NASDAQ: ABGA), has agreed to purchase the Grovetown Branch of Georgia Bank and Trust Company of Columbia County, Ga. (formerly First Columbia Bank).
 Allied plans to move its existing Grovetown branch to the new facility upon consummation of the acquisition. All of the customers of the Grovetown Branch of First Columbia Bank will become customers of Allied Bank of Georgia.
 The acquisition and consolidation of the two Grovetown offices will enable Allied to provide more extensive banking services that either of the facilities could provide separately. This transaction is subject to regulatory approval and is expected to be completed by March 31.
 -0- 2/4/93
 /CONTACT: Ben O. Howell Jr., chief financial officer of Allied Bankshares, 706-595-1142/
 (ABGA)


CO: Allied Bankshares, Inc.; Allied Bank of Georgia; Georgia Bank and
 Trust Company ST: Georgia IN: FIN SU: TNM


BR-BN -- AT014 -- 3171 02/04/93 16:31 EST
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Feb 4, 1993
Words:163
Previous Article:HOLLAND AMERICA: WORLD'S NEWEST CRUISE SHIP, THE MS STATENDAM, TO VISIT LOS ANGELES ON MAIDEN CRUISE
Next Article:CAROLINA ELECTRIC COOPERATIVES ISSUES STATEMENT CLARIFYING RULING BY NORTH CAROLINA COURT OF APPEALS
Topics:


Related Articles
COMMUNITY FIRST BANKSHARES TO PURCHASE WORTHINGTON BANK HOLDING COMPANY
COMMUNITY FIRST BANKSHARES COMPLETES PURCHASE OF BRECKENRIDGE BANK
ALLIED BANKSHARES SELLS DATA PROCESSING SUBSIDIARY
ALLIED BANKSHARES, INC., TO ACQUIRE JEFFERSON BANCSHARES, INC.
ALLIED BANKSHARES, INC. TO ACQUIRE THE WASHINGTON, GA. BRANCH OF FIRST UNION NATIONAL BANK OF GEORGIA; ANNOUNCES THE CONSUMMATION OF THREE PREVIOUSLY...
FIRST COLONIAL BANK, FSB, AND BANK OF ISLE OF WIGHT ACQUIRED BY JAMES RIVER BANKSHARES, INC. AND THE BANK OF WAVERLY CHANGES NAME TO JAMES RIVER BANK
JAMES RIVER BANKSHARES ANNOUNCES JAMES RIVER BANK'S PURCHASE OF FIRST UNION BRANCHES
JAMES RIVER BANKSHARES, INC. ANNOUNCES BANK OF SUFFOLK HAS PURCHASED CENTRAL FIDELITY BRANCH
JAMES RIVER BANKSHARES, INC. ANNOUNCES FIRST COLONIAL BANK, FSB, HAS PURCHASED NATIONSBANK BRANCH
Allied Bankshares, Inc. To Acquire The Bank of Stapleton

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters