Family Security Credit Union (Decatur, AL) and Bank of Pine Hill (Pine Hill, AL) have entered into a definitive agreement for Family Security to purchase substantially all the assets and assume the deposits of Bank of Pine Hill. The transaction is expected to close in the first quarter of 2017. Bank of Pine Hill retained PW&Co to provide a fairness opinion in conjunction with the transaction. PW&Co rendered an independent opinion after performing due diligence and applying various industry standard techniques.
PW&Co has extensive experience as both financial advisor and provider of fairness opinions in bank M&A transactions.
