Bank of Montgomery Renamed BOM, Acquires Bank of Ringgold

KTAL News
Monday, January 4, 2016

Bank of Montgomery has been rebranded BOM, reflecting the bank’s recent expansion beyond its original community of Montgomery, Louisiana. The bank now has grown to include nine branches in five parishes. A major component of the expansion was the acquisition of Bank of Ringgold by BOM’s parent company, Grant Bancshares Inc. That transaction expanded the bank's footprint with three additional locations in Bienville and Bossier, La. “The BOM name shows how the bank has entered a new chapter in terms of service area and financial strength,” said BOM President and CEO Ken Hale. “What won’t change is the hometown service we’ve provided for more than a century. We’ll always have a strong commitment to the communities we serve.”