Eclipse Bancorp, Inc., the parent company of Eclipse Bank, Inc., announced the successful completion of a private placement of $15.0 million of common stock. The Company plans to use the additional capital for general corporate purposes including but not limited to supporting organic growth in existing and new markets.
About Eclipse Bancorp, Inc.
Eclipse Bancorp, Inc., with nearly $370 Million in assets as of June 30, 2022, was incorporated in 2021 as a bank holding company. It is the parent company of Eclipse Bank, Inc. which was established in 2005. Eclipse offers a full array of commercial, retail and mortgage products through two full-service banking centers in Louisville, KY and two loan production offices in the Nashville and Tri-Cities areas of Tennessee.