Farmers Bank & Trust of Magnolia, Arkansas and Bank of Prescott of Prescott, Arkansas are pleased to announce today, November 8, 2019, Bank of Prescott officially merged with Farmers Bank & Trust.
“Farmers Bank & Trust is excited about the opportunity to serve the community of Prescott, AR,” stated Farmers Bank & Trust Chief Executive Officer, Chris Gosnell. “Upon completion, this transaction will present a good opportunity to continue our financial services expansion in Arkansas along the I-30 Interstate corridor.”
John Brannan Jr., Bank of Prescott Chief Executive Officer said, “This transaction allows us to partner with a strong community bank that is focused on providing great customer service with a deep commitment to the communities where it operates, and a great place for employees to perform and advance. We look forward to working with the management team of Farmers Bank & Trust to make this a smooth transition for our customers and employees.”
