The Bank of Commerce and Trust Company of Wellington is pleased to announce the completion of its acquisition and merger of the Freeport State Bank located in Harper and Anthony. The merger, which became effective July 2, 2018, allows the combined bank to offer greater benefits and services to our customers and continues the commitment of the Bank of Commerce to serve and strengthen our local communities.
Customers will continue to benefit from fully insured deposits through the Federal Deposit Insurance Corporation. Freeport State Bank customers will now have access to mobile banking, mobile deposit, text alert banking (for loans, overdrafts, balances etc.), free on-line bill pay and additional services offered by the Bank of Commerce.
All locations will be operated as the Bank of Commerce and Trust Company with J. C. Long serving as the Chairman, President and Chief Executive Officer. The Board of Directors of the bank and its holding companies will consist of the current six directors from the Bank of Commerce and will add Freeport State Bank Directors Pat Kerschen and Jim Kelley.
About the Bank of Commerce and Trust Company
The Bank of Commerce and Trust Company was founded in Wellington, Kansas in 1906 and is owned by Tri-County Financial Corporation. Carol Long serves as Chairwoman and J. C. Long serves as Vice-Chairman, President and CEO of Tri-County Financial Corporation.