National Bankshares, Inc. completes acquisition of Frontier Community Bank to expand its presence in the region
Acquiring Company
National Bankshares
Acquired Company
Frontier Community Bank
BlacksburgWaynesboroFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceLendingBankingDescription
National Bankshares, Inc., the holding company for The National Bank of Blacksburg, has successfully completed its acquisition of Frontier Community Bank. This acquisition allows National Bankshares to expand its presence with an additional 3 branches and approximately $1.8 billion in total assets.
Quick answer
National Bankshares is acquiring Frontier Community Bank, announced June 3, 2024. National Bankshares is based in Blacksburg, Virginia, United States.
- How much did National Bankshares pay for Frontier Community Bank?
- The deal value was not disclosed.
- What does National Bankshares do?
- National Bankshares, Inc., headquartered in Blacksburg, Virginia, is the parent company of The National Bank of Blacksburg, which does business as National Bank, and of National Bankshares Financial Services, Inc..
- Where are National Bankshares and Frontier Community Bank based?
- National Bankshares is based in Blacksburg, Virginia, United States. Frontier Community Bank is based in Waynesboro, Virginia, United States.
- Who are the decision-makers at National Bankshares?
- Fundz holds 1 contact at National Bankshares. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Frontier Community Bank?
Frontier Community Bank was acquired by National Bankshares, based in Blacksburg. The deal was reported on June 3, 2024. National Bankshares, Inc., headquartered in Blacksburg, Virginia, is the parent company of The National Bank of Blacksburg, which does business as National Bank, and of National Bankshares Financial Services, Inc. National Bankshares is publicly traded (NKSH) and operates in Financial Services.
When did National Bankshares acquire Frontier Community Bank?
National Bankshares's acquisition of Frontier Community Bank was reported on June 3, 2024. National Bankshares, Inc., the holding company for The National Bank of Blacksburg, has successfully completed its acquisition of Frontier Community Bank. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Frontier Community Bank do?
It is privately held, operating in Financial Services, and is based in Waynesboro.
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