United Community Banks to acquire Peach State Bancshares for $100.8 million
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United Community Banks, Inc. and Peach State Bancshares, Inc., The Parent of Peach State Bank & Trust, Announce Merger Agreement
April 21, 2026 7:31 AM EDTGREENVILLE, S.C., April 21, 2026 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NYSE: UCB) (United) and Peach State Bancshares, Inc. (Peach State) announced today the execution of a definitive merger agreement (the Merger Agreement) pursuant to which United will acquire Peach State, and its wholly-owned subsidiary, Peach State Bank & Trust (Peach State Bank), in a stock and cash transaction (the Merger).
Peach State Bank is headquartered in Gainesville, Georgia, a fast-growing city in Hall County, located approximately fifty miles northeast of Atlanta. Founded in 2005, Peach State Bank has been built on a foundation of... More
