trending Market Intelligence /marketintelligence/en/news-insights/trending/Unxtvtdv8VC3XcSA8TuQ4A2 content esgSubNav
In This List

Piedmont Bank completes acquisition of Mountain Valley Community Bank

Video

S&P Capital IQ Pro | Powering Your Edge

Video

S&P Capital IQ Pro | Unrivaled Sector Coverage

Blog

Banking Essentials Newsletter: September Edition

Blog

Beyond ESG with Climate Stress Testing: Getting Practical at Banks & Insurers


Piedmont Bank completes acquisition of Mountain Valley Community Bank

Norcross, Ga.-based Piedmont Bank completed its acquisition of Cleveland, Ga.-based Mountain Valley Community Bank, effective Sept. 6, according to Georgia Department of Banking and Finance's monthly bulletin.

The regulator also gave its approval for the deal on the same date.

As of June 30, Piedmont Bancorp Inc. had $598.6 million in assets, while Mountain Valley Bancshares Inc. had $153.1 million in assets.