Community First Bancshares Inc. (CFBI) Announces Commencement of Stock Offering
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Community First Bancshares, Inc. Announces Commencement of Stock Offering
November 23, 2020 9:00 AM ESTCOVINGTON, Ga.--(BUSINESS WIRE)-- Community First Bancshares, Inc. (the Company), the stock holding company of Newton Federal Bank (the Bank), announced today that Affinity Bancshares, Inc., a newly formed Maryland corporation that is the proposed successor holding company of the Bank (Affinity Bancshares), is commencing its stock offering in connection with the proposed conversion of Community First Bancshares, MHC (the MHC) from the mutual holding company structure to the stock holding company form of organization.
Affinity Bancshares is offering for sale up to 3,220,000 shares, subject to increase to up to 3,703,000 shares, of common stock at a purchase price of $10.00 per... More
