RBC Centura Banks, Inc. has completed its acquisition of Eagle Bancshares, Inc. of Tucker, Georgia, and its subsidiary Tucker Federal Bank. The former Tucker Federal branches will now operate as part of RBC Centura Bank.

According to the terms of the agreement, each share of Eagle Bancshares common stock will be converted into the right to receive US$26. The value of the transaction is approximately US$153 million.

“The closing of this transaction gives RBC Centura a solid banking franchise in metro Atlanta and a key platform from which we can grow further in the Southeastern U.S.,” said Kel Landis, chief executive officer of RBC Centura.

The acquisition of Eagle Bancshares extends RBC Financial Group’s growing U.S. financial services platform. In addition to RBC Centura, RBC’s American operations include: RBC Dain Rauscher, a full-service securities firm based in Minneapolis; RBC Capital Markets, with corporate and investment banking operations in New York, Minneapolis, and other U.S. locations; RBC Mortgage, a Chicago-based retail and wholesale mortgage originator; RBC Builder Finance, a Houston-based construction and development lender with nationwide reach; and, RBC Liberty Insurance and RBC Liberty Insurance Services of Greenville, S.C., a life and health insurance company and full-service administration company.