Strategic Insights into Banking & Fintech

American Bancorp in Ga. to buy New Republic Bank in North Carolina

American Bancorp in Macon, Ga., has applied to buy New Republic Partners in Charlotte, N.C.

The application said that the parent of the $491 million-asset American Pride Bank would indirectly acquire the $196.7 million-asset New Republic Bank.

American did not disclose how much it will pay for New Republic.

Leave a Reply

Your email address will not be published. Required fields are marked *