MetroCity Bankshares appoints Frank Glover to board; declares $0.15 quarterly dividend

MetroCity Bankshares, Inc.

Frank Glover (43) appointed to boards of Company and Bank, effective Jan 19; serves on Asset Liability and Credit Risk committees.
Glover is Senior Director of Retirement Investments at Cox Enterprises; not independent as he is son-in-law of CEO Nack Paek.
Quarterly cash dividend of $0.15 per share declared, payable Feb 11, 2022 to shareholders of record Feb 2, 2022.
Glover will receive standard director compensation as previously disclosed; no arrangements or transactions with Company.

item 5.02 item 8.01 item 9.01

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Appointed

Frank Glover

Director

MCBS · MetroCity Bankshares, Inc.

Effective: 2022-01-19
Filed: January 19, 2022, 6:59 PM ET

the Board of Directors (the “Board”) of MetroCity Bankshares, Inc. (the “Company”) appointed Mr. Frank Glover to serve as a member of the Boards of the Company and Metro City Bank

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Executive change SEC 8-K Item 5.02 confidence 0.95

Frank Glover was appointed as Director at MetroCity Bankshares, Inc..

Action: appointed
Role: Director

Exact text from the filing

the Board of Directors (the “Board”) of MetroCity Bankshares, Inc. (the “Company”) appointed Mr. Frank Glover to serve as a member of the Boards of the Company and Metro City Bank

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MetroCity Bankshares, Inc. filing history →

Source: SEC EDGAR

accession 0001747068-22-000003

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