Advance bank branch purchase finalized

The purchase of the Union Planters Bank branch in Advance by First Commercial Bank of Southeast Missouri in Chaffee has been finalized.

Norman B. Harty, president and chairman of the board for First Commerce, said the Advance location offers the opportunity for First Commercial Bank to expand its presence in small towns in Southeast Missouri.

The bank has offices in Chaffee, Morley, Benton, Gideon, Morehouse, and Dexter.

The sale of the Advance office by Union Planters included the land and building and local deposit accounts.