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WHAT DOES THIS TRANSACTION MEAN TO ME? With regulatory approval, Southern States Bank assumed all deposits and purchased substantially all of the assets of Alabama Trust Bank, N.A. on May 18, 2012. Alabama Trust Bank, N.A. customer deposit and loan […]
Southern States Bank announced today that it has entered into a Purchase and Assumption Agreement with the Federal Deposit Insurance Corporation (FDIC) as a whole bank transaction to purchase substantially all of the assets and to assume all of the […]