El Dorado-based First Financial Bank has scheduled the first week of November to close on its acquisition of First National Bank of Wynne.
The $60 million transaction expands First Financial's footprint to four additional counties in east Arkansas: Cross, Poinsett, St. Francis and Woodruff.
First National today has branch offices in Cherry Valley, Forrest City, Harrisburg and McCrory. Founded in 1915, First National has 82 employees and assets of $340 million.
First Financial has six locations in Union County, one branch in Pulaski County and another in Mena, and two in Mississippi. It employs 324 people and has assets of $1.06 billion.
The purchase is projected to push the bank's assets to about $1.4 billion.
Business on 09/10/2019
Print Headline: El Dorado bank sets Wynne deal closing