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Investor group agrees to acquire controlling interest in First National Bank

Summary by williamsondailynews.com
The First National Bank of Williamson (“First National Bank”) today announced the signing of a stock purchase agreement to sell $15.0 million of the company’s stock to Wallace Capital LLC (“Wallace”) a limited liability company that was formed by an investor group. Established in 1903, First National Bank has been proudly serving the people and businesses of Southern West Virginia and Eastern Kentucky’s coalfields through its two full-service br…
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williamsondailynews.com broke the news in Charleston, United States on Wednesday, April 30, 2025.
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