Alston & Bird client Community & Southern Holdings, Inc. (CSB), announced it has completed its acquisition of certain loans and deposits related to 14 CertusBank, N.A., branches throughout Georgia and Florida in a transaction previously announced on June 1, 2015. The transaction included approximately $580 million in deposits and approximately $181 million in loans.
Established in 2010, CSB operates more than 40 branch locations in Georgia. The bank has more than $4.4 billion in assets.
Acting for CSB is an Alston & Bird team led by partner Mark Kanaly, assisted by senior associate Bo Griffith and associates David Park and Sarah McElroy (Financial Services & Products).