KeySource Commercial Bank opened March 19, 2007 after selling 1,722,142 shares to 315 Shareholders at an initial offering price of $11.00 per share.
On January 1, 2010 KeySource Financial, Inc. was created as the holding company for KeySource Commercial Bank and 100% of the shareholders of the bank were converted to shareholders of the holding company.
KeySource Financial, Inc. is privately held and as such all stock is traded directly between the existing shareholder and the interested party buying the stock. To facilitate this, the President of the holding company will provide prospective sellers with contact information of up to three buyers at a time. Price negotiations occur between the seller and buyer directly.
Once the price has been agreed upon, the buyer will send to the bank certified funds in the name of the seller plus page 2 completed from the transfer form of Registrar and Transfer. The seller submits to the bank the stock certificate, page 1 completed of the transfer form from Registrar and Transfer with the signature medalion stamped. Once both have been received by the President of the holding company, the funds will be delivered to the seller and the stock certificate will be sent to Registrar and Transfer to reissue the stock certificate to the buyer.
For more information or if you have any other questions regarding investment opportunities with KeySource Financial, Inc., please contact Don Draughon at (919)383.4200 or ddraughon@keysourcebank.com.
Please fill out this form to be put on a list of prospective buyers of stock in KeySource Financial, Inc. As purchase opportunities arise you will be contacted directly by a seller of the stock.
