Regional banking powerhouse Entegra finalizes deal for Old Town Bank
Old Town Bank shareholders overwhelmingly approved the sale of the start-up bank headquartered in Waynesville last week, ending its nine-year run as a small independent local bank in light of the changing landscape facing financial institutions in the post-recession world.
Macon Bank acquires Old Town under new name of Entegra
Old Town Bank, a local start-up bank based Waynesville, is selling to Macon Bank, a regional bank headquartered in Franklin, for $13.5 million.
