CommunityOne completes Certus acquisition in Lenoir

June 28. CommunityOne Bank has completed its purchase of the Lenoir Branch of CertusBank. As part of this transaction, the bank assumed the customer deposits from both the Lenoir and Granite Falls branches of the troubled bank. The purchase expands CommunityOne’s network to 12 branches in the Caldwell and Catawba areas. It is the second largest community bank there.

“We welcome our new customers and employees of CertusBank,” said Bob Reid, President and CEO of CommunityOne. “This acquisition is a natural fit for our company, as we continue to look for opportunities to expand our footprint in key markets. We look forward to delivering a superior experience to our new customers in the Caldwell and Catawba areas and additional opportunities for our employees.”


No comments yet.

Post a Comment