Grayson Bankshares I (GSON) 13.0000 $GSON Cardi
Post# of 273250
Cardinal Bankshares Corporation & Grayson Bankshares, Inc., Receive Shareholder Support to Combine Banks
PR Newswire - Thu May 26, 12:29PM CDT
The shareholders of Grayson Bankshares, Inc. (OTC Markets: GSON) and Cardinal Bankshares Corporation (OTC Markets: CDBK) have overwhelmingly approved the combination of their holding companies and banks at their respective shareholder meetings on May 24 and May 26, 2016. Shareholder approval followed regulatory approval for the combination from the Virginia Bureau of Financial Institutions, the Board of Governors of the Federal Reserve System, and the Office of the Comptroller of the Currency.
Cardinal Bankshares Corporation and Grayson Bankshares, Inc., To Join Forces in a Combination of Local Banks
PR Newswire - Sun Nov 08, 4:00PM CST
Cardinal Bankshares Corporation (OTC Markets: CDBK), parent company of Bank of Floyd, and Grayson Bankshares, Inc. (OTC Markets: GSON), parent company of Grayson National Bank, announced today that they have entered into a definitive agreement to combine their companies. With over 200 years of combined history as independent community banks, Bank of Floyd and Grayson National Bank recognize the unique opportunity of joining together to enhance their shared mission of providing outstanding banking services in the communities where they do business.