FOR IMMEDIATE RELEASE CONTACT:
CertusBank, N.A. Assumes Deposits and Purchases Assets of Hometown Community Bank
Hometown Community Bank is Now Part of CertusBank
Greenville, SC – November 16, 2012 -- CertusHoldings, Inc., announced today that its wholly
At the close of business on Friday, November 16, 2012, Hometown Community Bank was closed
To protect deposits, customers will automatically become depositors of CertusBank. All locations of Hometown Community Bank will be open during normal business hours, and customers will have full access to their deposits. All customer deposits continue to be insured up to $250,000 under the FDIC’s general deposit insurance rules. Customers and other interested stakeholders can learn more about the terms of the transaction by contacting the FDIC toll free at 1-877-ASK-FDIC or at www.fdic.gov.
K. Angela Webb, President of CertusBank, commented “We are pleased to welcome the
CertusBank representatives will be at both branches to assist customers with questions. For their
As a result of this transaction, CertusBank expands its existing footprint across Georgia and
Hometown Community Bank of Braselton, Georgia operates two branch locations with assets of
In January 2011, CertusBank acquired certain assets of CommunitySouth Bank & Trust of Easley,
“We’re truly excited about our continued growth in Georgia,” said CertusBank Executive Chairman, Milton H. Jones Jr., whose 30-plus-year banking career includes serving as Georgia market president for Bank of America. “The State of Georgia remains strategic to us. Our footprint covers some of the most economically diverse and promising markets in the country, and we enjoy being an integral part of the communities we serve.”
Financial Advisory services offered through CertusInvestment Advisors, LLC (“CIA”).
Securities Brokerage, Insurance and Investment Banking services offered through CertusSecurities, Inc. (“CSI”), Member FINRA and SIPC. C-Direct is the marketing name for a discount brokerage platform offered by CSI. C-Direct customers are not provided nor given investment advice through CSI or CIA. Brokerage accounts for CSI and CIA clients are carried with National Financial Services LLC, a Fidelity Investments Co., member NYSE, SIPC or Charles Schwab & Co. Inc., member SIPC.
Fiduciary and custody services may be offered through CertusWealth Trust (“CWT”) or Advocacy Wealth Trust ("AWT"), divisions of CertusBank, N.A., or a third party entity. Custody services for CWT and AWT are provided under agreement with Reliance Trust Company. Brokerage services for CWT and AWT accounts are provided through ConvergEx Execution Services, LLC (member NYSE, FINRA, SIPC) or CSI.
CertusBank, CSI and CIA are subsidiaries of CertusHoldings, Inc. CertusWealth, CertusInvestment Advisors, CertusSecurities, CertusBank, CertusWealth Trust and the Certus logo are trademarks of CertusHoldings, Inc.