Regional banking powerhouse Entegra finalizes deal for Old Town Bank

fr oldtownOld Town Bank shareholders overwhelmingly approved the sale of the start-up bank headquartered in Waynesville last week, ending its nine-year run as a small independent local bank in light of the changing landscape facing financial institutions in the post-recession world.

Macon Bank acquires Old Town under new name of Entegra

fr oldtownOld Town Bank, a local start-up bank based Waynesville, is selling to Macon Bank, a regional bank headquartered in Franklin, for $13.5 million.

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