The Bank Slate

INSIGHTS INTO THE BANKING INDUSTRY

Greenback Fincorp in Texas raises $2M through private placement

Greenback Fincorp in Austin, Texas, raised $2 million through a private placement.

Greenback, the holding company for the $310 million-asset Austin Capital Bank, sold common stock on June 21 as part of the offering, according to data compiled by Performance Trust Capital Partners.

Performance Trust did not list the amount of shares sold, pricing, or investors in the private placement.

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