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Bank-insurance agency deals return with Georgia acquisition

Summary by American Banker
The Fitzgerald-based Colony Bankcorp agreed to pay $3.5 million to purchase an agency in Monroe, Georgia. The deal signals the potential return of more banks buying insurers than selling them.
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

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American BankerAmerican Banker

Bank-insurance agency deals return with Georgia acquisition

The Fitzgerald-based Colony Bankcorp agreed to pay $3.5 million to purchase an agency in Monroe, Georgia. The deal signals the potential return of more banks buying insurers than selling them.

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American Banker broke the news in on Friday, April 4, 2025.
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Monroe, Georgia

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