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Storm Fallout Unresolved for Simmons In Tennessee

Among the businesses hit hard last December by a tornado in Dresden, Tennessee, was a Simmons Bank branch that had its roof ripped open. ....

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Affinity Bancshares, Inc. Announces Completion of Stock Offering and Related Conversion

Press release content from Business Wire. The AP news staff was not involved in its creation.
Affinity Bancshares, Inc. Announces Completion of Stock Offering and Related Conversion
January 20, 2021 GMT
COVINGTON, Ga. (BUSINESS WIRE) Jan 20, 2021
Affinity Bancshares, Inc. (the “Company”) announced today that Community First Bancshares, MHC (the “MHC”) has completed its conversion from the mutual holding company to the stock holding company form of organization (the “Conversion”), and the Company has completed its related stock offering. As a result of the closing of the Conversion, the Company is now the holding company of Newton Federal Bank (the “Bank”), which has changed its name to Affinity Bank. The MHC and the Bank’s previous mid-tier holding company, Community First Bancshares, Inc. (“Community First”), ceased to exist effective upon the closing of the Conversion. ....

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Community First Bancshares, Inc. : Announces Expected Closing Date

Community First Bancshares, Inc. , the stock holding company of Newton Federal Bank , announced today that it has received all required regulatory approvals for the conversion of Community First. | January 19, 2021 ....

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Approval given to Covington bank holding company's conversion

The stock holding company of Newton Federal Bank announced Wednesday, Jan. 13, that members of Community First Bancshares MHC approved a Plan of Conversion and Reorganization to offer stock in the company. ....

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