Southern States Bancshares, Inc. /
CBB Bancorp
Southern States Bancshares completes CBB Bancorp acquisition
What happened
Southern States Bancshares, Inc. completed its acquisition of CBB Bancorp on July 31, 2024. CBB Bancorp is the holding company for Century Bank of Georgia.
CBB Bancorp shareholders could elect to receive 1.550 shares of Southern States Bancshares common stock or $45.63 in cash for each share, subject to proration of cash elections.
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Southern States Bancshares completes CBB Bancorp acquisition
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