Colony Bankcorp completed the acquisition of TC Bancshares.

Colony Bankcorp, a banking company, completed the acquisition of TC Bancshares, a community bank. Financial terms were not disclosed. “We are pleased to welcome the TC Federal team and their customers to Colony. We have worked closely with Greg Eiford and his team over the past several months, and we have seen firsthand their commitment to customers, team members, and community banking. The cultural alignment between our organizations is strong, and together we are well positioned to expand our presence and deepen our service across key Georgia and Florida markets," T. Heath Fountain, Colony Bankcorp Chief Executive Officer.