Stay updated with breaking news from Persons Banking. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The Louisiana-based Barksdale has agreed to purchase HomeBank of Arkansas for an undisclosed price. It is the fourth deal involving the sale of a bank to a credit union in less than two weeks.
The $837 million-asset Commerce State is one of the largest banks ever to agree to be sold to a credit union.
Robins Financial Credit Union is acquiring the $430 million-asset Persons Banking Co. The deal, announced Monday, comes less than a week after Georgia’s Own Credit Union in Atlanta said it is buying Vinings Bank in Smyrna.