FVCBankcorp’s mortgage minority interest acquisition of TMS

FVCbank announced that its mortgage minority interest, Atlantic Coast Mortgage, a leading independent mortgage lender licensed in 40 states, recently announced its acquisition of Tidewater Mortgage Services,or TMS, a Coastal Virginia based mortgage lender serving the Mid-Atlantic and Southeast. The transaction will combine ACM’s innovative, client-focused lending model and broad product suite with TMS’s strong reputation for excellent customer service and community engagement. The acquisition will add approximately 45 loan officers along with support staff to the ACM team. The production from the TMS team is expected to make the acquisition immediately accretive in 2026, with minimal earnings impact in the Q4.