Greater Atlantic Financial Corp. Announces Shareholder Approval of Merger with Summit...
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Greater Atlantic Financial Corp. Announces Shareholder Approval of Merger with
Summit Financial Group, Inc.
RESTON, Va., Sept. 5 /PRNewswire-FirstCall/ -- Greater Atlantic Financial
Corp. ("Greater Atlantic") (Pink Sheets: GAFC) announced today that its
shareholders overwhelmingly approved the terms and conditions of the proposed
merger of Greater Atlantic with and into Summit Financial Group, Inc.
("Summit") (Nasdaq: SMMF) at the special meeting of shareholders held on
September 4, 2008. The completion of the proposed merger is subject to the
receipt of regulatory approval and other conditions.
Greater Atlantic Financial Corp. is the holding company for Greater
Atlantic Bank, a federally-chartered savings bank. We offer traditional
banking services to customers through our bank branches located throughout the
greater Washington, DC metropolitan area. Greater Atlantic Financial Corp.
had approximately $219 million in assets at June 30, 2008.
SOURCE Greater Atlantic Financial Corp.
Carroll E. Amos, President & CEO of Greater Atlantic Financial Corp.,
+1-703-391-1300
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