Middlefield Banc Corp. Receives Shareholder Approval for Merger with Liberty Bancshares, Inc.

MIDDLEFIELD, Ohio, Nov. 08, 2022 (GLOBE NEWSWIRE) —

Middlefield Banc Corp. (“Middlefield”, or the “Company”) (NASDAQ: MBCN), the bank holding company for The Middlefield Banking Company, announced today that the shareholders of Middlefield have voted to approve the proposed merger of Liberty Bancshares, Inc. (OTC Markets: LBSI). The merger is expected to be completed during…

The Impact on You

As a customer of either Middlefield Banc Corp. or Liberty Bancshares, Inc., this merger may bring about changes in terms of the services and products offered to you. It’s important to stay informed about any updates or modifications that may occur as a result of this merger.

The Global Impact

While this merger may seem like a local transaction, it is important to note that the consolidation of two financial institutions can have ripple effects in the global economy. Mergers like this one can influence market trends, interest rates, and the overall stability of the financial sector.

Conclusion

In conclusion, the approval of the merger between Middlefield Banc Corp. and Liberty Bancshares, Inc. marks a significant milestone for both companies. It is essential for all stakeholders to closely monitor the developments following the merger and adapt to any changes that may arise.