First Community Bank of
Hillsboro is buying the First Financial Bank branch downtown.
First Financial Corporation, the publicly traded holding company of First Financial Bank, N.A., based in Terre Haute, IN, announced the sale on Friday afternoon, Feb. 5.
First Financial and First Community Bank are working together to ensure a seamless transition for customers, according to Thomas L. Gooding, chairman and CEO of First Community Bank. Customers with accounts at the Hillsboro branch need not take any action at this time and should continue to use their current checks, debit card and other products and services.
"We are looking forward to welcoming the current customers of First Financial Bank," Gooding said. "We're delighted to expand our customer base in our trade area and will make every effort to ensure that First Financial's customers enjoy our full range of services and the same high quality service and competitive rates now offered our existing customers."
As of Dec. 31, the Hillsboro First Financial branch had deposits of approximately $10.2 million. The sale is expected to be completed in the second or third quarter of this year, subject to regulatory approval.