Announced
Completed
Synopsis
First Community Bankshares, a financial holding company, completed the acquisition of First Community Bank, a community banking company. Financial terms were not disclosed. “We are pleased to announce our partnership with Union Bank. This collaboration will further strengthen our robust banking franchise in West Virginia. We believe First Community will benefit from Union’s strong deposit base, while Union’s customers will enjoy the advantages of increased scale, higher lending limits, and enhanced product and technology offerings from First Community,” William P. Stafford, II, First Community Chairman and CEO.
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