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

Piedmont Bank completes acquisition of Mountain Valley Community Bank

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


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.