United Community Banks and Palmetto Bancshares complete merger.
Global Banking News-September 4, 2015--United Community Banks and Palmetto Bancshares complete merger
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Global Banking News - 04 September 2015
United Community Banks completed its merger with Palmetto Bancshares and its wholly-owned subsidiary, Palmetto Bank.
The deal was completed on Tuesday and increases United Community Bank's presence in the Greenville and upstate South Carolina regions.
The deal will see Samuel Erwin, Palmetto Bank's chairman, president and CEO, and Lee Dixon, chief risk officer and chief operating officer of Palmetto Bank, joining United Community Bank.
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