Southern Bank and Trust to acquire deposits and assets of Bank of the Commonwealth - MarketLine Financial Deals

Southern Bank and Trust to acquire deposits and assets of Bank of the Commonwealth

Southern Bank and Trust to acquire deposits and assets of Bank of the Commonwealth - MarketLine Financial Deals
Southern Bank and Trust to acquire deposits and assets of Bank of the Commonwealth
Published Sep 23, 2011
2 pages — Published Sep 23, 2011
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About This Report

  
Abstract:

Federal Deposit Insurance Corporation (FDIC) has entered into a purchase and assumption agreement with Southern Bank and Trust Company (SBTC), pursuant to which SBTC has agreed to assume all of the deposits of Bank of the Commonwealth (BCW).

  
Source:
Document ID
MA81298_110928
Country
Ticker
CWBS=US
Format:
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Cite this Report

  
MLA:
MarketLine Financial Deals. "Southern Bank and Trust to acquire deposits and assets of Bank of the Commonwealth" Sep 23, 2011. Alacra Store. Dec 11, 2016. <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Southern-Bank-and-Trust-to-acquire-deposits-and-assets-of-Bank-of-the-Commonwealth-2052-69489>
  
APA:
MarketLine Financial Deals. (2011). Southern Bank and Trust to acquire deposits and assets of Bank of the Commonwealth Sep 23, 2011. New York, NY: Alacra Store. Retrieved Dec 11, 2016 from <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Southern-Bank-and-Trust-to-acquire-deposits-and-assets-of-Bank-of-the-Commonwealth-2052-69489>
  
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