Log in

Sign up

10/03/11 — Southern Bank acquires Bank of Commonwealth

View Archive

Southern Bank acquires Bank of Commonwealth

By Steve Herring
Published in News on October 3, 2011 1:46 PM

Full Size


A Southern Bank customer leaves the bank's Mount Olive main office. Bank officials say they expect the merger to go smoothly.

MOUNT OLIVE -- Southern Bank and Trust Co.'s acquisition of the 21-branch Bank of the Commonwealth of Norfolk, Va., nearly doubled the bank's assets to $2 billion, while giving it a foothold in the populous Tidewater region of Virginia. "This...

Please log in to see full story.

Not yet registered? Sign up - Subscribers register for free!

Read more about this change