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CapitalSouth Buys FL Banking Firm.

Mortgage Servicing News

| April 01, 2007 | COPYRIGHT 2007 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

BIRMINGHAM, AL -- CapitalSouth Bancorp is acquiring privately held Monticello Bancshares Inc. and its subsidiary, Monticello Bank, Jacksonville, Fla.

Monticello has a wholesale mortgage production operation headquartered in Fitzgerald, Ga., which originates prime conventional loans in Florida, Georgia, North Carolina and South Carolina.

W. Dan Puckett, Capital South's chairman and chief executive, said Monticello's ...

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Source: HighBeam Research, CapitalSouth Buys FL Banking Firm.

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