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

Commercial Banking: June 22nd Edition

Blog

Commercial Banking Newsletter June Edition - 2022

Podcast

Street Talk | Episode 96: Considering recession risks, prospects that the Fed achieves a 'soft landing'

Case Study

Actions to Reduce Emissions at an Asian Financial Services Firm


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.