The Bank of Sullivan worked in cooperation with the Federal Deposit Insurance Corporation (FDIC) to assume all of the deposits of Community Bank of the Ozarks, which encompassed two branches: Sunrise Beach and Pleasant Hope.
This acquisition, which occurred Dec. 14, helped to protect the depositors of Community Bank of the Ozarks, who now are clients of Bank of Sullivan. All deposits will continue to be insured by the FDIC up to applicable limits.
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