Strategic Insights into Banking & Fintech

First Community Bank of Central Alabama to buy branch

First Community Bank of Central Alabama in Wetumpka has agreed to buy a branch from Merchants & Farmers Bank of Greene County in Eutaw, Ala.

FCB plans to buy a branch in Prattville, Ala., along with $14 million of deposits and $8 million of loans, for an undisclosed price.

The deal is expected to close in the fourth quarter.

Olsen Palmer advised the seller.

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