Brentwood-based Reliant Bancorp bought by South Carolina bank for $517 million
July 14, 2021
One of Middle Tennessee's largest banks has new owners.
Brentwood-based Reliant Bancorp Inc. (Nasdaq: RBNC) has been purchased by United Community Banks Inc. in an all-stock deal valued at $517 million, or $30.58 per share, according to a news release.
Reliant is Middle Tennessee's 10th-largest bank, according to Nashville Business Journal research, with $2.6 billion in local deposits.
Click here to read the article.