Thumb Bank & Trust to Expand

Thumb Bancorp, Inc. and Freeland State Bank Announce Acquisition

"We are excited for the opportunity to grow Thumb Bank & Trust with the acquisition of Freeland State Bank”, stated Ben Schott, Thumb Bank & Trust's President & CEO. “Similar to Freeland State Bank we are a local community bank that is actively involved in the communities we serve. We believe our personal approach to customer service is a key to our success and has allowed us to grow with our customers and communities. Freeland State Bank is a natural geographic expansion as it is located adjacent to our current service area. We look forward to welcoming Freeland State Bank customers and employees to Thumb Bank & Trust and look forward to being part of the Freeland community!"

"I am pleased to have found a partner that so closely aligns with our long-standing commitment to serving our customers and community. Although the name on the building will change, the employees’ commitment to service to the community will not. I am thankful for the support we have received for 120 years and trust that the support will continue well into the future,” said Gary L. McLaughlin, President & CEO of Freeland State Bank. “I have no doubt of Thumb Bank & Trust’s ability and willingness to do its best for our community, customers and employees.”

Full Press Release Below