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Forex

Legend Bank Secures Approval for Acquisition of Graham Savings and Loan

Guavy AI Editorial Team
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Legend Bank has secured approval from the Federal Reserve to acquire Graham Savings and Loan. The partnership was given regulatory and shareholder approvals, marking a significant milestone in their integration. Jay Bearden, President & CEO of Legend Bank, expressed gratitude for the confidence shown throughout the process.

Codie Hedge, President & CEO of Graham Savings and Loan, highlighted the shared values that brought the two organizations together. The acquisition is expected to close on October 1, 2026, with a full systems conversion anticipated in late April 2027.

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