COLUMBUS, Ga. -- Synovus Financial Corp. has acquired the deposits of Birmingham Federal Savings Bank.
The Birmingham Federal offices in Vestavia and Roebuck will operate as full-service banking centers of First Commercial Bank, Synovus said.
At June 30, Birmingham Federal had deposits of about $49 million. With the assumption of Birmingham Federal's deposits, First Commercial Bank's assets will exceed $400 million. First Commercial Bank's now has nine locations in Birmingham.