BancorpSouth Completes Mergers with Summit Financial Enterprises, Inc. and Van Alstyne Financial Corporation
BancorpSouth Bank (BXS)
Last bancorpsouth bank earnings: 4/20 04:30 pm
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Source: PR Newswire
TUPELO, Miss., Sept. 3, 2019 /PRNewswire/ -- BancorpSouth Bank (NYSE: BXS) announced today that it has completed its previously announced mergers with Panama City, Florida-based Summit Financial Enterprises, Inc., the parent company of Summit Bank, National Association (collectively referred to as "Summit"), and Van Alstyne, Texas-based Van Alstyne Financial Corporation, the parent company of Texas Star Bank (collectively referred to as "Texas Star"), effective at 12:01 am CDT on September 1, 2019."We're pleased to combine with these two great community banks that share our core values," said BancorpSouth Chairman and Chief Executive Officer Dan Rollins. "These partnerships allow us to build scale and add talented bankers in strategically important markets for us in Florida and Texas."At this time, customers should continue using their current branches, checks, bank cards, online banking and other banking services. Detailed communications will be provided to all Summit Bank and Texas
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