Officials with Savannah Bank and Bryan Bank and Trust say they don’t yet know if the former First National Bank in Richmond Hill will be closing in the coming months – but it is a possibility.
“We have 90 days to determine that,” said John Helmken, president and chief financial officer for Savannah Bancorp, the parent corporation of Savannah Bank and Bryan Bank and Trust.
Savannah Bancorp assumed last week about $231.9 million in deposits when it acquired the failed First National Bank, which had three branches in Chatham County and one in Richmond Hill. Those four branches closed Friday and reopened Monday as Savannah Bank.
For the complete story, pick up a copy of the Midweek Bryan County News.