Pioneer Announces Acquisition of Targeted Lending Co., LLC, Launching Pioneer Specialty Financing Division - Business Wire
Pioneer→Targeted Lending
Apr 24, 2026

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Vallant Financial, Inc. has completed the acquisition of Morris State Bancshares, a banking business in Georgia, for $3.98 billion. Morris State Bancshares operates through Morris Bank, serving community banking customers in Georgia with deposit and lending products that support local commercial and consumer needs. Vallant Financial, a Georgia-based community bank holding company, pursued the Morris State Bancshares acquisition to expand scale, drive loan and deposit momentum, and strengthen its financial services M&A footprint. The merger acquisition closed effective April 1, 2026, with the combined entity operating under Vallant Bank branding during systems conversion expected in the second quarter, reflecting a strategic merger acquisition and GA acquisitions strategy.
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