Tandem Bank, based in Tucker, has approximately $304 million in assets, $239 million in deposits, and $229 million in loans as of December 31, 2025. Tandem operates a footprint complementary to Georgia Banking Company (GBC)’s branch network, with one branch in Tucker and three loan production offices in Decatur, Peachtree Corners, and Woodstock.
GBC’s merger with Tandem further enhances the combined bank’s scale and complements its footprint across metro Atlanta. This will be the second transaction for the GBC management team in the market in as many years, validating the ongoing mission to create Atlanta’s premier locally based banking institution. On a pro forma basis as of December 31, 2025, the combined bank would have $3 billion of total assets, $2.6 billion of deposits, and gross loans of $2.5 billion.
Bartow Morgan, Jr., chief executive officer of GBC, says: “We’re excited to welcome the Tandem team to Georgia Banking Company. Tandem is a high-quality banking franchise built on prudent risk management and strong reputation for serving its customers well. We look forward to collaboratively working with Charles DeWitt and his colleagues.”
DeWitt, chief executive officer of Tandem, responds: “Partnering with a well-established, Atlanta-based institution like GBC strengthens our ability to deliver lasting value to shareholders, customers, and team members. We are confident that GBC has assembled the scale, expertise, and cultural alignment required for long-term success in an evolving banking landscape.”
Subject to the merger agreement’s terms, Tandem’s shareholders will receive a combination of a fixed exchange ratio of GBC common stock and cash consideration. One Tandem director will join the GBC Board of Directors and Charles DeWitt will join the combined company’s management team. The merger agreement has been approved by the respective Boards of Directors of Tandem and GBC. Completion of the merger is subject to normal and customary closing conditions, including receipt of required regulatory approvals and approval by the shareholders of Tandem. The transaction is expected to close by the end of the second quarter of 2026.
Peachtree Corners launches new mobile app
The City of Peachtree Corners announces the launch of its new mobile app, designed to make it easier than ever for residents and visitors to stay connected, informed, and engaged with the city. The free, user-friendly app is now available for download in both the Apple App Store and Google Play.
The new Peachtree Corners mobile app serves as a centralized digital hub, offering quick access to City government information, news, community events, social media updates, points of interest, live streaming, and a newly enhanced PTC Report It feature. The app was thoughtfully developed to streamline access to the most frequently used services and information found on the City’s website.
The app was developed through a collaborative effort between an in-house city team and an external development partner, ChopDawg Studios, Inc., with a focus on usability, accessibility, and delivering the information residents and visitors value most. Users can easily find the app by searching City of Peachtree Corners in their preferred app store.
GHC buys extended-stay hotel for affordable housing
The Gwinnett Housing Corporation (GHC) has acquired Spring Swallow Lodge at 7065 Jimmy Carter Boulevard in Peachtree Corners for transforming it from an obsolete extended-stay hotel into long term affordable housing. This project will benefit Gwinnett’s groups most at risk of homelessness: vulnerable seniors and homeless youth.
With the 4.69-acre site, GHC will provide 73 permanently affordable studios and one bedroom units (consisting of 450-650 square feet) supplied with full kitchens, converting what was previously a source of neighborhood instability into a locally-owned, professionally managed community asset.
Karen Ramsey, GHC CEO, says: “As the need for affordable housing continues to increase, we have to find innovative ways to increase the affordable housing stock, diverse financing structures, and intentional partnerships to expand our reach. This project is an example of all of these elements working together to bring that vision to reality. This also serves as the first of its kind project for Gwinnett County.”
The total development cost is $14.5 million, with Praxis 3 operating as architect and Aapco as General Contractor. The occupancy is scheduled to start in the fall of 2026, and GHC is partnering with several nonprofit service providers to create a full array of social services for the residents.
Lejla Prljaca, GHC Chief Development Officer, further supports Ramsey, pointing out that “this project represents a full-circle milestone for our organization. More than a decade ago, we began elevating the voices of families experiencing hidden housing insecurity. Through our When Extended Stay Becomes Home study in Norcross, we found that 84 percent of respondents were relying on extended stay hotels as housing of last resort. That finding propelled our advocacy at the county and state levels to advance policies supporting the conversion of these properties into stable, permanent affordable housing.”
