YOUR BUSINESS AUTHORITY
Springfield, MO
Rogersville-based Legacy Bank & Trust Co. completed its purchase of First National Bank of Clinton.
The deal for undisclosed terms closed Feb. 16, with Legacy Bank adding three branches in Clinton and Springfield to its portfolio, according to a news release.
“Our associates have worked especially hard over the past 12 months in creating new products and services that will not only benefit our existing customers, but also our new customers from First National Bank,” said John Everett, president and CEO of Legacy Bank, in the release.
Legacy Bank parent company Ozarks Heritage Financial Group Inc. in July 2017 announced it penned an agreement to buy Financial Enterprises Inc., the holding company of First National Bank of Clinton.
Aaron Buerge, First National’s president and CEO for the company his family bought in 1970, became a board member of Ozarks Heritage Financial and Legacy Bank through the deal.
Through the purchase, Legacy Bank’s assets now exceed $230 million. It employs 70 people at seven branches.
Utah-based gourmet cookie chain Crumbl Cookies opened its first Springfield shop; interior design business Branson Upstaging LLC relocated; and Lauren Ashley Dance Center LLC added a second location.
Updated: Systematic Savings Bank to be acquired in $14M deal
Warby Parker store planned in Springfield
Former CoxHealth colleagues starting communications firm
Former Wentzville superintendent to get $1M in contract buyout
STL construction firm buys KC company
NPR editor resigns after writing piece critical of organization