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Management acquires 5Star Bank of Colorado Springs, CO

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ALEXANDRIA, Va.--(BUSINESS WIRE)--Armed Forces Benefit Association (AFBA), through its investment trust, announced the acquisition of 5Star Bank by management-led Little London Bancorp Inc. (Little London). “AFBA is experiencing significant growth in its life insurance program which requires increased capital to sustain such expansion,” said AFBA Chairman and Trustee, Ralph “Ed” Eberhart. “This will be a Colorado Springs bank controlled by local residents and investors from the community who ha

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