Announced

First Community Bankshares to merge with Hometown Bancshares in $41.5m deal.

Synopsis

First Community Bankshares, a financial holding company, agreed to merge with Hometown Bancshares, a provider of banking products and services, in $41.5m deal. “When considering a long-term partner, we sought a community-minded bank that shares our commitment to providing top-tier banking services with that personal touch. Also, First Community Bank will bring services to our communities that Union Bank currently does not provide, such as Trust and Wealth Management services. We are confident that our combined franchise will serve our communities well and continue to create value for our customers, shareholders, and employees,” Tim Aiken, Hometown President, CEO and Director.

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MergerLinks - First Community Bankshares to merge with Hometown Bancshares in $41.5m deal.