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Stock Market & Financial Investment News

News Breaks
March 25, 2014
09:21 EDTUCBIUnited Community enters into 640k share sales agreement with Sandler O'Neill
News For UCBI From The Last 14 Days
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September 1, 2015
05:36 EDTUCBIUnited Community Banks completes merger with Palmetto Bancshares
United Community Banks (UCBI) announced the closing of its merger with Palmetto Bancshares (PLMT) and its wholly owned subsidiary, The Palmetto Bank effective today. The merger of Palmetto into United aims to enhance United's geographic footprint in the fast-growing markets of Greenville and the Upstate South Carolina region. The strategic combination strengthens United's presence in these markets by providing access to Palmetto Bank's strong customer base and offering opportunities to expand through greater product offerings. Also on September 1, Palmetto Bank merged into United Community Bank, a wholly-owned subsidiary of United, and will continue to operate under the Palmetto Bank brand name until conversion to United's operating systems, which is expected to occur in February 2016. After conversion, it will operate under the brand name of United Community Bank.

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