Apr. 15—The parent company of
In its eighth acquisition since its start in 2006,
The conversion and rebrand of
“We are pleased to partner with
Chattanoogan Miller Welborn, the chairman of
“There is some overlap between our banks and we will consolidate some of the branches in the
While the merger will shut down some bank offices in
“We look forward to continued growth and new opportunities in this new market,” Welborn said.
Founded in 1909,
Smart Financial said it will likely incur
“This partnership will provide us new opportunities to increase the depth of products and services we can offer to our customers, while providing significant value to our shareholders.,” Presley said in an announcement the merger.
With the merger, Smart Financial will be
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