GBank Financial explores merger with BankCard Services amid growing fintech influence
GBank, operating under GBank Financial Holdings Inc. (OTCQX: GBFH), with assets totaling approximately $729.3 million as of September 30, 2023, announced its Board’s initiative to potentially merge with BankCard Services, LLC (“BCS”). A special subcommittee of four disinterested directors is assigned to assess this merger, focusing on delivering an impartial review and procuring a third-party […]