United Bankshares to buy rival bank holding firm Carolina Financial

United Bankshares to buy rival bank holding firm Carolina Financial

United Bankshares acquisition of Carolina Financial : United Bankshares, the parent company of United Bank, has signed a deal worth around $1.1 billion to acquire Carolina Financial, the parent company of CresCom Bank. Carolina Financial, based in Charleston, South Carolina, has approximately $3.9 billion in assets and its subsidiary CresCom Bank has 62 locations in […]

United Bankshares to acquire Carolina Financial for $1.1bn

United Bankshares to acquire Carolina Financial for $1.1bn

United Bankshares acquisition of Carolina Financial : United Bankshares, the parent company of United Bank, has signed a deal worth around $1.1 billion to acquire Carolina Financial, the parent company of CresCom Bank, as per the latest banking acquisition news. The merger between the two US bank holding companies will create a major community bank […]