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Allegiance Bank Merger

By Hafsa Binte Omar

Allegiance Bank recently announced that it is merging with another financial institution. This move will allow both banks to combine their resources and expand their customer base, as well serve a larger geographic area than before. The newly combined bank will be able to offer customers a wider range of products and services, all while remaining committed to providing excellent customer service and support.

Table Of Content:

4. Investor Relations - Allegiance Bank
Investor Relations - Allegiance BankThe merger was effective October 1, 2022. At the effective time of the merger, each share of Allegiance common stock was converted into 1.4184 shares of ...

  • Source: Google.
  • What does this merger mean for Allegiance Bank customers?

    The merger will bring benefits to Allegiance Bank customers such as access to a greater variety of products, services and resources. Customers will also benefit from better service and more convenience when dealing with the new bank.

    Will there be any changes in my accounts or banking relationships?

    During the transition period, no changes should be expected in regards to your accounts or banking relationship. After the transition is complete, you may find certain account features have changed or been improved upon.

    How long will the transition period last?

    The transition period typically lasts several weeks or months, depending on how large and complex the two institutions are that are merging. In this case, Allegiance Bank has indicated that they expect the process to take approximately 3-4 months to complete.

    Will I need to do anything during the transition period?

    During the transition period, customers will not necessarily need to take any action. However, customers may want to pay attention to any communications from their current bank about updates or changes that could affect their existing account(s).

    How many locations will the new bank have?

    With the merger of these two banks, the new bank is likely going to have more branches and ATMs than either one of them had previously. However, an exact number of locations has yet to be determined at this time.

    Allegiance Bank and CommunityBank of Texas Have Merged .... Finally, we hope you got an answer to the query of allegiance bank merger.


    Hafsa Binte Omar

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