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CHEVY CHASE, Md.--(BUSINESS WIRE)--Forbright Bank (“Forbright”) today announced that it has entered into an agreement to sell its Washington, D.C.-area legacy branches and associated deposits to Trustar Bank. The transaction will include branches in Potomac and North Bethesda, Maryland, a customer service hub in McLean, Virginia, and approximately $750 million in local deposits for a deposit premium of approximately $19 million. No deposits associated with Forbright's national lending or nation.
GREAT FALLS, Va.--(BUSINESS WIRE)--Trustar Bank, the wholly-owned banking subsidiary of Trustar Bankshares, Inc. (the “Company”) (OTCQX: TRSB), today announced the signing of a purchase and assumption agreement (the “Agreement”), under which Trustar Bank will acquire Forbright Bank's branches in Potomac and North Bethesda, Maryland, as well as Forbright Bank's customer service hub in McLean, Virginia (the “Transaction”). The Transaction includes approximately $750 million in local deposits for.
NEW YORK, Aug. 12, 2026 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Trustar Bankshares, Inc. (OTCQX: TRSB), the bank holding company for Trustar Bank, has qualified to trade on the OTCQX® Best Market. Trustar Bankshares, Inc. begins trading today on OTCQX under the symbol “TRSB.
MCLEAN, Va.--(BUSINESS WIRE)--Trustar Bankshares, Inc. (the “Company”), the bank holding company for Trustar Bank, a leading community bank serving the Washington metropolitan area, today announced that its common stock has qualified to trade on the OTCQX Best Market. The Company begins trading on the OTCQX market under the symbol “TRSB.”
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