Community Heritage Financial, Inc. (OTCPK:CMHF) seeks acquisitions. Community Heritage Financial, Inc. has launched a public offering of 1,500,000 shares of common stock, with the offering price expected to be between USD 21.00 and USD 23.00 per share. The proceeds of the offering will be used to increase lending and investment activities and to expand client relationships.

The company said that it may also use a portion of the proceeds to fund potential acquisition opportunities and for working capital and other general corporate purposes.