Apex Bancorp, Inc. agreed to acquire 25% stake in Community Capital Bancshares, Inc. (OTCPK:ALBY) on March 24, 2020. Transaction is approved by the Federal Reserve Board on August 4, 2020. Management of Community Capital opposes Apex’s proposal and submitted comments to the Board urging denial on several grounds. Extension time till February 4, 2021, is granted by Federal Reserve System to Apex Bancorp, Inc. to acquire shares of Community Capital Bancshares.