trending Market Intelligence /marketintelligence/en/news-insights/trending/evVHge8AWn1Ssx6pV12Xjg2 content esgSubNav
In This List

Merger of CCF, Heritage Bancorp, Providence Bank receives all approvals

Blog

Latin American and Caribbean Market Considerations Blog Series: Focus on LGD

BLOG

Banking Essentials Newsletter: June Edition

Case Study

กรณีศึกษา A Bank Takes its Project Finance Assessments to a New Level

Blog

Financial Institutions Factor Transition Risk into Climate-Related Stress Testing


Merger of CCF, Heritage Bancorp, Providence Bank receives all approvals

The merger between Jonesboro, Ga.-based CCF Holding Co.; Hinesville, Ga.-based Heritage Bancorp. Inc.; and Alpharetta, Ga.-based Providence Bank has received all the necessary regulatory and shareholder approvals.

The deal is expected to close Sept. 1. The Georgia Department of Banking and Finance gave its approval May 30.

Under the terms of the deal, the three banks will merge under one holding company to be named Heritage Southeast Bancorp. Inc. Heritage Bancorp and Providence Bank shareholders will receive a fixed ratio of CCF Holding common stock for each respective common share they own.