Hampton State Bank to merge with First Security

The owner of Hampton State Bank and First Security Bank & Trust announced plans last week to merge the two institutions by the end of the year.
     Charles City-based Cedar Valley Bankshares, Ltd., recently submitted an application with regulatory officials to combine the two banks by Dec. 4. If approved, Hampton State Bank would assume First Security Bank & Trust’s name and become one of 14 branch offices.
     Hampton State Bank was purchased by Cedar Valley Bankshares in 2014 and has operated as a subsidiary of the company since October. According to a news release, the current staff will continue to serve customers and manage operations in Hampton following the merger. 
    Read the full article in the July 15 edition of the Hampton Chronicle.