First National Corporation completes acquisition of Touchstone Bankshares, Inc. to enhance Richmond metro presence
First National Corporation completes acquisition of Touchstone Bankshares, Inc. to enhance Richmond metro presence
03/26/24, 11:22 AM
Location
Industry
financial services
banking
First National Corporation announced its definitive merger agreement to acquire Touchstone Bankshares, Inc., bringing together two community banks with a deep commitment to their customers and communities. With an expected total assets of approximately $2.1 billion and enhanced scale and profitability, the combined company will solidify its position as the ninth largest Virginia community bank as ranked by deposits.
Company Info
Location
Strasburg, Virginia, United States
Company info
First National Corporation is a community bank with a deep commitment to the customers and communities it has served since the early 1900s. The bank has a strong presence in Virginia and North Carolina, offering superior service and financial performance.