Two of the Oldest Banks in Moultrie County to form a New Bank
•September 14, 2016•
Ray Duncan, Chairman of the board of First National Bank of Sullivan and chairman and CEO of Hardware State Bank of Lovington, announced last week that the two banks will merge to form a new state bank named First Community Bank of Moultrie County.
Hardware State Bank has been serving the county since 1885, and the First National has been in business since 1905.
Both banks provide a wide array of banking services meeting the needs of their communities.
First National Bank Sullivan received a Community Reinvestment Act (CRA) rating of “Outstanding” on its March 2, 2015 examination. For the last 15 years, Hardware State Bank has maintained a 5-Star Superior rating from Bauer Financial.
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