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Wilson Bank Holding Company ( (WBHC) ) has issued an update.
Wilson Bank & Trust is set to expand its presence in Cookeville, Tennessee by acquiring a branch from F&M Bank, enhancing its service capabilities and community ties. Expected to close in the first half of 2025, this acquisition involves $35 million in deposits and various loan accounts. The strategic move aligns with F&M Bank’s focus on core markets while allowing Wilson Bank & Trust to deepen its commitment to Cookeville’s dynamic market. Both banks are working through customary regulatory approvals to finalize the deal.
For detailed information about WBHC stock, go to TipRanks’ Stock Analysis page.
