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SEE BELOW FOR AN IMPORTANT MESSAGE FROM OUR PRESIDENT/CEO
A Message from our President/CEO
March 13, 2023
To Our Bank of Locust Grove Customers,
Over the past few days, the closure of Silicon Valley Bank, Santa Clara, California and Signature Bank, New York, New York has dominated the news cycle. Acknowledging these recent events coupled with approaching the 90-day mark of The Bank of Locust Grove under new ownership and management, I want to introduce myself and the ownership group to our clients.
On December 31, 2022, a group of local investors purchased the Bank of Locust Grove; with that purchase, additional capital was invested in the Bank. The additional capital was invested to strengthen the balance sheet and provide the resources to support additional growth and product offerings for our customers.
We thank you for entrusting The Bank of Locust Grove to meet your banking needs over the past 74-years. As we look forward to the future, our priority will always be to serve our clients and prudently manage the bank to ensure that it is serving the community for an additional 74-years and beyond.
President & CEO
Bank of Locust Grove
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