Cheaha

Investar Holding Corporation Announces Completion of Cheaha Financial Group, Inc. Acquisition

Retrieved on: 
Thursday, April 1, 2021

BATON ROUGE, La., April 01, 2021 (GLOBE NEWSWIRE) -- Investar Holding Corporation (Nasdaq:ISTR) (the Company), the holding company of Investar Bank, National Association (the Bank), today announced the completion of its acquisition of Cheaha Financial Group, Inc. (Cheaha), the holding company for Cheaha Bank, in Oxford, Alabama.

Key Points: 
  • BATON ROUGE, La., April 01, 2021 (GLOBE NEWSWIRE) -- Investar Holding Corporation (Nasdaq:ISTR) (the Company), the holding company of Investar Bank, National Association (the Bank), today announced the completion of its acquisition of Cheaha Financial Group, Inc. (Cheaha), the holding company for Cheaha Bank, in Oxford, Alabama.
  • Investar is excited to expand our footprint into the northeast Alabama market through the acquisition of Cheaha.
  • The successful closing of this transaction is a testament to how well matched Cheahas culture and values are with those of Investar.
  • Investar Holding Corporation, headquartered in Baton Rouge, Louisiana, provides full banking services, excluding trust services, through its wholly-owned banking subsidiary, Investar Bank, National Association.

Investar Holding Corporation Announces Acquisition Approvals

Retrieved on: 
Wednesday, March 17, 2021

BATON ROUGE, La., March 17, 2021 (GLOBE NEWSWIRE) -- Investar Holding Corporation (the Company) (Nasdaq:ISTR), the holding company of Investar Bank, National Association (the Bank), today announced that it has received the necessary shareholder and regulatory approvals for its previously announced, pending acquisition of Cheaha Financial Group, Inc. (Cheaha), the holding company for Cheaha Bank in Oxford, Alabama.

Key Points: 
  • BATON ROUGE, La., March 17, 2021 (GLOBE NEWSWIRE) -- Investar Holding Corporation (the Company) (Nasdaq:ISTR), the holding company of Investar Bank, National Association (the Bank), today announced that it has received the necessary shareholder and regulatory approvals for its previously announced, pending acquisition of Cheaha Financial Group, Inc. (Cheaha), the holding company for Cheaha Bank in Oxford, Alabama.
  • The Company has also received the necessary approvals for the acquisition from its federal banking regulators.
  • Upon satisfaction of all closing conditions, the Company anticipates it will close the Cheaha acquisition on or about April 1, 2021.
  • Investar Holding Corporation, headquartered in Baton Rouge, Louisiana, provides full banking services, excluding trust services, through its wholly-owned banking subsidiary, Investar Bank, National Association.