Edmonton State Bank and Sumner Bank & Trust Announce Merger
EDMONTON, Ky. & GALLATIN, Tenn.–(BUSINESS WIRE)–Edmonton State Bank, a subsidiary of Edmonton Bancshares, Inc., and Sumner Bank & Trust, a Gallatin...
EDMONTON, Ky. & GALLATIN, Tenn.–(BUSINESS WIRE)–Edmonton State Bank, a subsidiary of Edmonton Bancshares, Inc., and Sumner Bank & Trust, a Gallatin, Tennessee based bank which is a subsidiary of Sumner Financial Corporation, have announced an agreement to merge. The merger of Sumner Bank & Trust will add three new offices to Edmonton State Bank's existing fifteen-branch network. All of Sumner Bank & Trust's offices are located in Sumner County, Tennessee. In the transaction, the shareholders of Sumner Financial Corporation will receive $26.