COLUMBIA, MO - June 22, 2011
Landmark Bank has reached an agreement to purchase the assets of two Security Bank locations, Whitesboro and Collinsville, TX. Landmark Bank has filed for formal Federal approval of the acquisition and they expect the process to be completed in early September.
“We’re very excited to welcome the customers of Security Bank. This gives us an opportunity to serve even more of our friends and neighbors in the area,” said Jerry Warren, President – Landmark Bank Whitesboro. “Security Bank has a distinguished history in the community and we’re proud to continue that level of service though our commitment to community relationship banking,” said Jerry.
“I’ve had the privilege of working for this Bank for 55 years, and I am excited to be part of this new chapter in the Bank’s history,” said Jimmie Tom McDonnell, Security Bank Executive Vice President. “Security Bank customers will benefit from access to additional locations throughout north Texas as well as a wealth of cutting edge products and services. We’ve been proud to have Landmark Bank as a partner in the community and I suspect this acquisition will deepen their commitment to the citizens of Whitesboro and Collinsville,” he continued.
With the new branches, Landmark Bank will have 11 locations in north central Texas, 11 locations in south central Oklahoma, 7 locations in southern Missouri and 10 locations in Columbia and Ashland, Missouri.