It was announced recently that Sycamore Bank has agreed to merge with BankFirst Financial Services (BankFirst), based in Columbus, Mississippi. The merger is expected to close in the third quarter of 2022, following customary regulatory approvals.
The Sycamore Bank board of directors and employees have been honored to serve you for the last 122 years, and now, as a member of the BankFirst team, we will continue our commitment of offering extraordinary service and personalized financial solutions to you: our customers.
This strategic partnership with a bank that shares our values is intentional and paramount. BankFirst's history, culture and commitment to the communities they serve are very much the same as ours. We share a belief that the best banking model is one where decisions are made locally, in the communities we serve. We also have many common processes and procedures which will make the transition smooth and efficient.
Other than the change in ownership and eventual name change to BankFirst, it will continue to be "business as usual" for our Sycamore Bank team and customers. We encourage you to continue banking as you always have been accustomed. The same team of local Sycamore Bank bankers will continue to be here to serve you before, during, and after the merger and name change.
Over the next few months, we will keep you informed of our progress toward our merging with BankFirst. We have included below some Frequently Asked Questions that answer common questions that may arise during this process. If you have additional questions, please visit with us.
As always, we want you to know we appreciate your business and value you as our customer and as our friend. It is a privilege to serve you.
Sycamore Bank and BankFirst have come together to put you first.
