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The Claxton Bank has filed a notice of an exempt offering of securities to raise $20,000,000.00 in New Equity Investment.

The Claxton Bank has filed a notice of an exempt offering of securities to raise $20,000,000.00 in New Equity Investment.

July 18, 2024 Craig Etkin

According to filings with the U.S. Securities and Exchange Commission, The Claxton Bank is raising up to $20,000,000.00 in new funding. Sources indicate that as part of senior management President and Chief Executive Officer, Scott Verlander played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About The Claxton Bank
Largest Locally Owned and Operated Bank in Claxton, GA. A lot has happened since 1941 when The Claxton Bank opened for business. The past seven decades have been eventful to say the least. More has happened to change the way mankind lives and works than in any other such period of time. At The Claxton Bank, weve seen many changes in Evans County. But through it all, one thing has remained the same, the way we do business. Now, just as it was back then, we are committed to helping our customers manage their todays and find their place in tomorrow. Indeed, the more things change, the more they stay the same. Member FDIC, Equal Housing Lender .

To learn more about The Claxton Bank, visit http://www.tcbga.bank/
The Claxton Bank Linkedin Page: https://www.linkedin.com/company/theclaxtonbank/

Contact:
Scott Verlander, President and Chief Executive Officer
912-739-3322
https://www.linkedin.com/in/scott-verlander-b747208b/

SOURCE: http://www.intelligence360.io
Copyright (c) 2024 SI360 Inc. All rights reserved.


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