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The transaction, which is anticipated to close in the 1st half of 2020, is unanimously authorised with the Boards of administrators of both of those firms and is particularly matter to customary closing ailments, like regulatory approvals, and approval from your shareholders of SBT. After the merger, Mr. McConnell will keep on to serve as President and Chief govt Officer of Pinnacle.

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This interaction relates to the proposed merger transaction involving Pinnacle economic Corporation and SBT Bancorp, Inc. The information contained here herein does not represent an offer to provide or perhaps a solicitation of a suggestion to get the securities described herein nor shall there be any sale of these securities in almost any state or jurisdiction through which this sort of a proposal or solicitation is not permitted or could be unlawful.

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