PELHAM BANKING COMPANY SIGNS MERGER AGREEMENT

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PELHAM, Ga, June, 2017 -- Charles J. Yates, Chairman of the Board of Pelham Banking Company, announces the signing of a merger agreement with WB&T Bankshares, Inc. with affiliates located in Waycross, Valdosta and Brunswick.Pelham Banking Company has a long and distinguished history as one of the oldest banks in Mitchell County, serving its customers and the community since 1910. That cornerstone commitment is preserved by aligning with an organization that values similar principles: heritage, service, and most importantly, customers.

“The tradition of commitment and service will not change as our customers will continue to see and work with the same friendly folks. Business will continue as normal with the same bankers our community knows and trusts,” commented Suzanne T. Anderson, President. As a result of this partnership, customers can expect to enjoy a broader array of products, services and technology to continually improve their banking experience.

“We are excited to partner with such a strong group of bankers. As factors like regulatory scrutiny and compliance expectations increase, joining a group like WB&T helps preserve the rich history and excellent service we are committed to delivering. We look forward to many more years of providing “Community Banking at Its Best” in Pelham and Mitchell County,” added Anderson.