Fintech M&M Bank to acquire Bank OZKās Mobile AL office
July 2, 20203 min
Merchants & Marine Bank (āM&M Bankā) a wholly owned subsidiary of Merchants & Marine Bancorp, Inc. (OTC QX: āMNMB”) today announced that M&M Bank and Bank OZK (NASDAQ: OZK) have entered into a definitive agreement for M&M Bank to acquire Bank OZKās Mobile, Alabama office located at 6161 Airport Boulevard, Mobile, AL. As a part of the transaction, M&M Bank will assume all of the deposits of the Mobile office and acquire certain loans and...