Strategic Insights into Banking & Fintech

Veteran banker buys majority stake in First National Bank of Williamson

Veteran banker Jason Payne bought a controlling stake in First National Bank of Williamson in West Virginia.

Payne paid $15 million for the 65% stake in the $108 million-asset bank, according to published reports.

Payne was a managing director for the Cincinnati and northern Kentucky market for Republic Bank in Louisville, Ky.

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