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Several former officers of Town & Country Bank in St. George have filed the necessary application to form a new independent bank. Bruce Jensen, president and CEO of Town & Country until it was acquired by American Fork-based People’s Utah Bankcorp in 2017, said in a release that organizers of the proposed Bank of St. George have filed an application with the Federal Deposit Insurance Corp. and Utah Department of Financial Institutions to operate a full-service community bank. If approved, Bank of St. George will be the first community bank formed in Utah in more than a decade.

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