Resurgens Bank Merges with CharterBank Sept. 1, 2017

Photo One: Charles DeWitt, CharterBank regional president

Photo Two: Pat Walsh, CharterBank Decatur market president

Resurgens Bank (www.resurgensbank.com) has merged with CharterBank (www.charterbank.net) as of Sept. 1, and changed its name to CharterBank. The merger has expanded the community bank’s presence in metro Atlanta from its current two branches in Decatur and Northlake to nine locations, giving customers access to CharterBank branches in Buckhead, Marietta, East Cobb, Smyrna and Newnan, as well as in other towns across Georgia, Alabama and north Florida. Charles DeWitt, founding CEO of Resurgens Bank, will become Regional President of CharterBank.

“We are thrilled about combining our banks and offering our customers additional locations and services through this merger,” said DeWitt. “Customers who bank at our two DeKalb locations will still see the same friendly faces of bankers they know and trust, even though the name on the buildings is different. Resurgens Bank and CharterBank are a natural fit with aligned values, including a strong belief that banking is at its best when it is personal and community-focused. We care about Decatur and Northlake because we live and work here, too.”

“By partnering with CharterBank, we now offer our customers access to a broader range of products, improved technology, more branches and a larger lending capacity, while maintaining the local touch that they’ve come to expect. Personal service and connection to the community are hallmarks of our two organizations,” said Pat Walsh, Resurgens Bank’s Decatur market president. “We are focused on a seamless transition for our customers and staff, and look forward to creating an even better banking experience for our customers under our new name.”

“The leadership teams of Resurgens Bank and CharterBank are very excited to bring together our two strong, like-minded community banks, both of which have great histories and reputations in our respective communities. Building long-term relationships is the cornerstone of our business philosophies, and we look forward to expanding and growing these relationships,” said DeWitt.

Resurgens Bank was founded in 2008 and currently operates branches in Decatur and Northlake. The company has consistently received superior ratings from Bauer Financial and BankRate.com. The bank offers personal and business banking products and services, and supports numerous local charities, school sports teams and neighborhood fundraising events.

About CharterBank

With assets of over $1.5 billion, CharterBank is a full-service community bank and federal savings institution headquartered in West Point, Ga., offering a wide variety of personal and business banking services and products. A people-centered business, CharterBank serves customers throughout the United States through online banking and in person at its 20 branches located in metro Atlanta, the I-85 corridor south to Auburn, Al. and the Florida Gulf Coast. CharterBank’s deposits are insured by the Federal Deposit Insurance Corporation, and its parent company is Charter Financial Corporation. CharterBank was founded in 1954, and operates under a mission of applying knowledge, energy and innovation to simplify how people save, spend and borrow money. www.charterbank.net