United Community Banks Completes Acquisition of Peach State Bancshares
MT Newswires Live
Aug 03
United Community Banks (UCB) said Monday it has completed its acquisition of Peach State Bancshares, effective Aug. 1.
Peach State subsidiary Peach State Bank & Trust was also merged with United subsidiary United Community Bank and will operate under the United Community brand after all core systems, signage, and branding are converted to United Community's, expected to be completed in Q1 of 2027, the company said.
United Community earlier said that the cash-and-stock transaction was valued at $100.8 million.
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