Progress Bank: United Community Bank to acquire Progress Bank not long after buying Cornelius-based Aquesta
Huntsville, Alabama-based Progress Financial Corp. and its subsidiary, Progress Bank & Trust, are set to be acquired by Greenville, South Carolina-based United Community Banks Inc. That deal comes about seven months after United closed on its acquisition of Cornelius-based Aquesta Financial Holdings Inc.
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Progress Bank is an Alabama-based financial institution that provides personal and commercial banking products and services for individuals and businesses.
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