United Community Banks sets July 20 election deadline in Peach State merger

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United Community Banks, Inc. and Peach State Bancshares, Inc. Announce Election Deadline for Peach State Shareholders to Elect Form of Merger Consideration and Expected Closing Date

July 10, 2026 9:01 AM EDT

GREENVILLE, S.C., July 10, 2026 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NYSE: UCB) (United) and Peach State Bancshares, Inc. (Peach State) announced today the election deadline by which Peach State shareholders of record may elect the form of consideration that they prefer to receive as merger consideration pursuant to the Agreement and Plan of Merger, dated as of April 20, 2026, by and between United and Peach State (the Merger Agreement). The election deadline is 5:00 p.m. Eastern Time on July 20, 2026. United and Peach State also announced that United has received all required regulatory... More