National Commerce Corporation (“NCC”), the parent company of National Bank of Commerce (“NBC”), headquartered in Birmingham, Alabama, and Landmark Bancshares, Inc. (“Landmark”), the parent company of First Landmark Bank, headquartered in Marietta, Georgia, jointly announced the signing of a definitive agreement providing for the merger of Landmark with and into NCC.
Effective May 11, 2018, new rules under the Bank Secrecy Act will aid the government in the fight against crimes to evade financial measures designed to combat terrorism and other national security threats. All financial institutions are required to comply with this regulation. Learn more about how these rules will impact certain business entities at account opening and ongoing, and the actions required for all banks to remain in compliance.