Shares Community Bank and Wells Fargo new joint venture Mortgage Company

Community Bank Shares, Inc. (Nasdaq: CFBX) and Wells Fargo & Company (NYSE: WFC) announced today the creation of a joint venture called Community Mortgage First Mortgage, LLC. This joint venture mortgage east emergence of mortgage, documentation, treatment and care of all credits the work of housing construction of the Community Bank Shares. The company believes that the new company’s mortgage activity in the third quarter of 2001.

“This joint venture, we will, more competitive and efficient, because we are trying to Beleihungswertes our services,” said Mark Anderson, President and Chief Executive Officer of Community First. “Mortgage lending has long been a very important our markets. Through this joint venture allows our customers a broader line of mortgage loans, which help our customers find the mortgage.

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