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FB Financial and Southern States get regulatory approval for merger
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FB Financial and Southern States get regulatory approval for merger
FB Financial and Southern States Bancshares have announced the receipt of all necessary regulatory approvals for their proposed merger. The transaction is expected to be finalised on 1 July 2025, with system integration to follow in the third quarter of the year. In March, FB Financial agreed to merge operations of Southern States Bancshares, in a deal valued at $381m. As of 31 March 2025, Southern States Bancshares reported assets of $2.9bn, lo…
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