Guardian Credit Union Inc reached an agreement to acquire two Alabama branches from SouthCrest Financial Group Inc. (OTCPK:SCSG) on November 16, 2016. The employees and managers of the Alabama branches from SouthCrest Financial Group will join Guardian Credit Union. The deal is subject to regulatory approval and is expected to close in early 2017. Eric Lawless and Matthew Veneri of FIG Partners acted as financial advisors for SouthCrest Financial. Michael M. Bell of Howard & Howard Attorneys, PLLC acted as legal advisor for Guardian Credit. Andrew Bowen of Clearview Communications represented the in the transaction. Mark Kanaly, Will Hooper, Jeff Upshaw, Clif Stanford, Jeff Adams and John Gerl of Alston & Bird acted as legal advisor to SouthCrest Financial. McQueen Financial Advisors acted as the financial advisor in this transaction. Guardian Credit Union Inc completed the acquisition of two Alabama branches from SouthCrest Financial Group Inc. (OTCPK:SCSG) on September 8, 2017.