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In 2015, Palmetto Bancshares, Inc. merged with United Community Banks. [4] On June 27, 2017, Four Oaks Fincorp of Four Oaks, North Carolina, started in 1912, agreed to a $124 million deal which would give United Community Bank 14 more North Carolina branches, twelve of those in the Triangle and an additional $737 million in assets. [6]
On March 27, 2007, it was announced that UCBH would acquire Business Development Bank of Shanghai. The purchase was a $205 million cash purchase. [2] The BDB acquisition gave UCB "a banking license in China -- a 'rare and hard-to-come-by' asset that makes it easier to operate and expand in that country, said RBC Capital Markets analyst Joe ...
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HENDERSON, Ky. — Effective Tuesday morning, Morganfield-based United Community Bank of West Kentucky will own and operate Dixon Bank, UCB President Gwen Paris said.
MainSource Bank was a community bank located in Greensburg, Indiana. The company was the operating subsidiary of the MainSource Financial Group. It operated banks in Indiana, Illinois, Kentucky, and Ohio. [1] On May 25, 2018, all MainSource locations closed as part of the acquisition by First Financial Bancorp. Most locations reopened May 29 ...
The Second State Bank had been chartered in late 1833 for a period of 25 years, and was succeeded by the Third State Bank of Indiana. The National Bank Act that the U.S. Congress passed during the Civil War ended the need for a state banking system, and the Indiana National Bank of Indianapolis came into existence. [3]
In May, 2022, First Merchants Bank was voted 4th in "Great Employers to Work for in Indiana" by the Best Companies Group. [14] Additionally, First Merchants Bank was listed as one of the “Best Places to Work in Indiana” by the Indiana Chamber of Commerce in 2018 for Major Companies with 1,000+ employees [ 15 ] and again in 2019. [ 16 ]
With a network of 228 branches and 159 sub-branches, the Bank provided personalized service, innovative practices, dynamic approach and efficient Management. Consumer products like UCB Cards have been showing growth since its inception in 2006 and soon became the leader in local market with around 40,000 card holders.