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Michigan, Georgia banks propose to buy in-state peers

Summary by bankingdive.com
Mercantile Bank Corp. will buy Eastern Michigan Financial Corp. in a $95.8 million deal, while Colony Bankcorp inked a $86.1 million deal with TC Bancshares.

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Michigan, Georgia banks propose to buy in-state peers

Mercantile Bank Corp. will buy Eastern Michigan Financial Corp. in a $95.8 million deal, while Colony Bankcorp inked a $86.1 million deal with TC Bancshares.

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bankingdive.com broke the news in on Thursday, July 24, 2025.
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