trending Market Intelligence /marketintelligence/en/news-insights/trending/XA9dSxCevHh7jxDbeQTHow2 content esgSubNav
In This List

Grayson Bankshares extends deal completion timeline

Blog

Insight Weekly: Bank boards lag on gender parity; future of office in doubt; US LNG exports leap

Blog

Insight Weekly: Job growth faces hurdles; shale firms sit on cash pile; Africa's lithium future

Podcast

Street Talk | Episode 99 - Higher rates punish bond portfolios, weigh on bank M&A

Blog

Insight Weekly: Loan growth picks up; US-China PE deals fall; France faces winter energy crunch


Grayson Bankshares extends deal completion timeline

Independence,Va.-based Grayson BanksharesInc. expects the merger with Floyd, Va.-based to close inthe early third quarter of 2016, according to an investor presentation in a May6 regulatory filing.

The companypreviously announced the deal closing date to be in the secondquarter.

The partiesare expected to operate as two divisions of a merged national bank. Thecompanies' systems are then slated to be rebranded and converted in early 2017.