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Three Local Entegra Bank Branches Sold As Part Of First Citizens Deal


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Ever since the Franklin-based bank Entegra announced its sale to First Citizens in April, rumors have been swirling that locals will lose their jobs once the sale is finished. Here’s an update as the year ends. CEO Roger Plemmons says that Entegra’s sale to First Citizens Bank can’t be finalized until three local branches are sold. Plemmons explains that without the sale First Citizens would have had more than 50 percent of the market in Macon County and that isn’t legal: “The way the regulatory
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