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Volunteer Bancorp, Inc. Completes $47 Million Securities Offering


Volunteer Bancorp, Inc. Completes $47 Million Securities Offering
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Civis Bank
We are incredibly excited to bring together this top-tier blend of talent, knowledge and opportunity to build what we believe will be a world class embedded banking platfor, Chris Black, President and CEO, Volunteer Bancorp, Inc . and Civis Bank.
ROGERSVILLE, Tenn. (PRWEB)
May 10, 2021
Volunteer Bancorp, Inc. (the “Company”), the holding company for Civis Bank (the “Bank”), is pleased to announce that it has concluded an offering of common stock and a newly issued series of non-voting common stock for gross proceeds of approximately $47 million. Patriot Financial Partners, LP and Hermann Companies led the recapitalization of the Company. Proceeds will be used to support the existing business, address the capital regulatory requirements of the Company and the Bank, and enable the Company to ma ....

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