The State National Bank of Groom to be Acquired by 5th Generation Holdings

On January 19, The State National Bank of Groom and its parent holding company, Groom Bancshares Inc., announced an acquisition agreement with 5th Generation Holdings Inc., a community-bank-focused entity formed for purposes of the transaction. As a result of the acquisition, 5th Generation Holdings will become a bank holding company for The State National Bank … Read more