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First Community Bankshares completed its merger with Highlands Bankshares in a $91m deal.

Synopsis

First Community Bankshares, parent company of First Community Bank, completed its merger with Abingdon, VA-based Highlands Bankshares, parent company of Highlands Union Bank, in a $91m deal. "First Community will be an excellent partner when it comes to culture, commitment to customer satisfaction, and involvement in our local communities. Our customers will have access to a broader product offering and branch network while continuing to receive service that exceeds their expectations. Our employees will join a familiar culture and our shareholders will enjoy the benefits of being part of a high-performing $2.8bn asset franchise," Bryan Booher, Highlands Interim CEO and President.

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