Freeland Merger Complete

The merger transaction closed on November 15, 2024

“I am pleased that we have completed our merger with Freeland State Bank, and I am excited to welcome our new customers and employees to Thumb Bank & Trust. Thumb Bank & Trust has been helping people in our communities realize their personal, financial, and business goals since 1895,” said Ben Schott, President and Chief Executive Officer of Thumb Bancorp, Inc. and Thumb Bank & Trust. Freeland State Bank has done an excellent job of providing similar services to customers in their communities. “With the new employees from Freeland State Bank, we are confident in our ability to
deliver expanded and enhanced services to our new customers and to support their business and personal financial needs,” said Schott.

Please see the complete Press Release attached.