BankFirst Capital to Acquire Tate Financial and Sycamore Bank.
MANews-(C)2009-2022
Mississippi, US-based bank holding company BankFirst Capital Corp. (OTCQX: BFCC) has agreed to acquire Tate Financial Corp., and Sycamore Bank, located in Mississippi, the company said.
BankFirst Capital Corp. is the parent company of BankFirst Financial Services. Tate Financial Corp. is the parent company of Sycamore Bank.
Terms of the transaction were not disclosed. The transaction is expected to close in the third quarter of 2022, and is subject to customary closing conditions.
After the merger is completed, the Bank will have 41 locations serving Mississippi and Alabama, and have...
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