Mergers & Acquisitions ·
United Community Banks completes acquisition of Peach State Bancshares for $784M in assets
UCBUnited Community Banks Inc
United Community Banks, Inc. completed its acquisition of Peach State Bancshares, Inc., the parent company of Peach State Bank & Trust, effective August 1, 2026. United is the surviving entity in the merger, with Peach State Bank operating under the United Community brand following a core systems conversion expected in the first quarter of 2027. As of June 30, 2026, Peach State Bank reported $784 million in total assets, $524 million in loans, and $707 million in deposits across two locations in Hall County, Georgia. United Community Banks is a financial holding company providing banking, mortgage, and wealth management services with $29.1 billion in assets as of June 30, 2026.