National Bankshares to Acquire Frontier Community Bank in $17.1 Million Deal
January 25, 2024
National Bankshares and Frontier Community Bank entered into a definitive merger agreement under which National Bankshares will buy Frontier for about $17.1 million. The deal is expected to close in the second quarter of 2024, with Frontier merging into The National Bank of Blacksburg, National Bankshares’ wholly owned subsidiary.
- Buyers
- National Bankshares
- Targets
- Frontier Community Bank
- Industry
- Financial Services
- Location
- United States
- Transaction Type
- Buyout
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