Four Oaks Fincorp Inc., the holding company for Four Oaks Bank and Trust Co. of Four Oaks, N.C., announced Monday that it completed the acquisition of Nuestro Banco on Dec. 31.

"This transaction is a culmination of hard work and dedication by employees of both Nuestro Banco and Four Oaks Bank," Ayden R. Lee Jr., chairman, president and chief executive of Four Oaks, said in a statement. "We are now in a better position to pursue our goal of providing quality and accessible banking services to our customers and communities."

Four Oaks operates 18 branches in North Carolina and had assets of $932.6 million at Sept. 30.

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