Announced
Financials
Tags
United States
bank
banking services
Banks
Acquisition
Domestic
Private
Merger
Majority
Pending
Friendly
Single Bidder
Synopsis
Edmonton State Bank, a subsidiary of Edmonton Bancshares, offers competitive car loan and home loan rates plus savings accounts and more, agreed to merge with Sumner Bank & Trust, a community bank owned by local shareholders. Financial terms were not disclosed. “We’re very excited about this new partnership with Edmonton. This is an excellent fit for both companies, and will enhance the combined presence throughout South Central Kentucky and Middle Tennessee.” Keith Hatley, Sumner Bank & Trust President.
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