trending Market Intelligence /marketintelligence/en/news-insights/trending/MWNH8XCNxZAJ4eiThf_BeQ2 content esgSubNav
In This List

HomeTrust Bancshares to buy municipal leasing company

Blog

Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)

Blog

Banks’ Response to Rising Rates & Liquidity Concerns


HomeTrust Bancshares to buy municipal leasing company

Asheville, N.C.-based HomeTrust Bancshares Inc. agreed to buy Fletcher, N.C.-based United Financial of North Carolina Inc., a municipal lease finance company that provides financing for fire departments and municipalities across the Carolinas and other southeastern states.

According to a press release, the municipal leasing company will be known as United Financial, a division of HomeTrust Bank, effective Jan. 1, 2017. Bill Ammons, president and owner of United Financial, will join HomeTrust as director of municipal leasing of HomeTrust Bank.

No United Financial employee will be laid off due to the merger, the press release added.