U Bancshares in Knoxville, Tennessee, has agreed to buy Heritage Community Bank in Greeneville, Tennessee. The parent company of the $182.2 million-asset UBank will pay an undisclosed amount of cash and stock for the $184.4 million-asset Heritage Community. The deal is expected to close in the first quarter of 2027.
M&A News is reported by Paul Davis and reprinted with permission as an adaptation of the material from TheBankSlate.com.
EDITOR’S NOTE: This article originally misstated the locations of the parties to the transaction. We regret the error.









