Community First Bancshares, Inc. (CFBI) announced that it has successfully completed its merger with ABB Financial Group, Inc. (ABB), effective the close of business on January 10, 2020. Edward J. Cooney, the former President and Chief Executive Officer of ABB and Affinity Bank, has become CEO of CFBI and Newton Federal Bank and a director of both entities. Johnny Smith of CFBI will remain President of CFBI and Newton Federal Bank and will continue to serve on the boards of both entities.
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05-31 | Sector Update: Financial Stocks Rise Late Afternoon | MT |
05-31 | Sector Update: Financial Stocks Higher in Afternoon Trading | MT |
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- News Affinity Bancshares, Inc.
- Community First Bancshares, Inc. and Newton Federal Bank Announce Management Changes