AGREEMENT AND PLAN OF MERGER AND REORGANIZATION By and Among ENTEGRA FINANCIAL CORP., ENTEGRA BANK And CHATTAHOOCHEE BANK OF GEORGIA June 26, 2017Merger Agreement • June 27th, 2017 • Entegra Financial Corp. • Savings institutions, not federally chartered • North Carolina
THIS AGREEMENT AND PLAN OF MERGER AND REORGANIZATION (this “Agreement”) dated as of June 26, 2017, is by and among Entegra Financial Corp., a North Carolina corporation (“Buyer”), Entegra Bank, a North Carolina commercial bank and a wholly-owned subsidiary of Buyer (“Entegra Bank”), and Chattahoochee Bank of Georgia, a Georgia commercial bank (“CBG”). Capitalized terms used in this Agreement but not defined elsewhere herein shall have the meanings assigned to them in Section 10.1 hereof.
