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Notice of Proposed Bank Purch...
Notice of Proposed
Bank Purchase and
Assumption Transaction
Notice is hereby given that Legacy Community Federal Credit Union, headquartered in Birmingham, Alabama, and First Community Bank of Cullman, headquartered in Cullman, Alabama, have filed an Interagency Bank Merger Act Application with the Atlanta Regional Office of the Federal Deposit Insurance Corporation for its written consent for Legacy Community Federal Credit Union to acquire substantially all of the assets and assume substantially all of the liabilities (including all deposit liabilities) of First Community Bank of Cullman. It is contemplated that following the transaction all offices of First Community Bank of Cullman and Legacy Community Federal Credit Union will continue to be operated under the name Legacy Community Federal Credit Union.
Any person wishing to comment on this application may file his or her comments in writing with the Regional Director of the Federal Deposit Insurance Corporation at its Atlanta Regional Office, 10 Tenth Street, NE, Suite 900, Atlanta, Georgia 30309, not later than May 30, 2025. The non-confidential portions of the application are on file at the Atlanta, Georgia Regional Office of the FDIC and are available for public inspection during regular business hours. Photocopies of the non-confidential portion of the application file will be made available upon request.
An application has also been filed with the Alabama State Banking Department with respect to the proposed transaction. Comments on the application may also be submitted to the Alabama State Banking Department at the following address: P.O. Box 4600, Montgomery, Alabama 36103-4600.
The Cullman Times
April 30, May 14 and May 28, 2025
Bank Purchase and
Assumption Transaction
Notice is hereby given that Legacy Community Federal Credit Union, headquartered in Birmingham, Alabama, and First Community Bank of Cullman, headquartered in Cullman, Alabama, have filed an Interagency Bank Merger Act Application with the Atlanta Regional Office of the Federal Deposit Insurance Corporation for its written consent for Legacy Community Federal Credit Union to acquire substantially all of the assets and assume substantially all of the liabilities (including all deposit liabilities) of First Community Bank of Cullman. It is contemplated that following the transaction all offices of First Community Bank of Cullman and Legacy Community Federal Credit Union will continue to be operated under the name Legacy Community Federal Credit Union.
Any person wishing to comment on this application may file his or her comments in writing with the Regional Director of the Federal Deposit Insurance Corporation at its Atlanta Regional Office, 10 Tenth Street, NE, Suite 900, Atlanta, Georgia 30309, not later than May 30, 2025. The non-confidential portions of the application are on file at the Atlanta, Georgia Regional Office of the FDIC and are available for public inspection during regular business hours. Photocopies of the non-confidential portion of the application file will be made available upon request.
An application has also been filed with the Alabama State Banking Department with respect to the proposed transaction. Comments on the application may also be submitted to the Alabama State Banking Department at the following address: P.O. Box 4600, Montgomery, Alabama 36103-4600.
The Cullman Times
April 30, May 14 and May 28, 2025
Posted Online 7 weeks ago
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