Filed Under: [ Business ] [ Hispanic News ] [ Press Releases ] [ Blogante Business ] [ Georgia ]
Tags: Banking, population
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“Appalachian Bancshares Inc. Nasdaq:APAB today announced that it has received federal approval to launch service in Dalton, Ga., with the opening of a full-service banking center. A branch of Appalachian Community bank, the Dalton banking center will operate under the name Banco Fuerza, and will focus on serving the growing Hispanic population in Whitfield and Murray Counties.
“Dalton is a fast-growing community adjacent to our current markets, and is home to one of the largest Hispanic populations in the state,” said Tracy R. Newton, chief executive officer of Appalachian Bancshares. “The rising growth and financial strength of the Hispanic population, an underserved segment of the banking market, gives us new and exciting opportunities to leverage our friendly, service-oriented approach to community banking.”"
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