Rigler Investment Company to purchase Peoples Trust & Savings
Rigler Investment Co., New Hampton, Iowa, is purchasing Green Circle Investments, Inc., and its wholly owned subsidiary Peoples Trust & Savings Bank, Clive, Iowa. [Continue]
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BNC sells Kenmare branch in North Dakota
State Bank and Trust of Kenmare is buying the branch, which belongs to the Bismarck holding company’s subsidiary BNC National Bank. [Continue]
Banks pull in $48 billion in 2Q
FDIC-insured commercial banks and savings institutions made $48.3 billion the second quarter of 2017, marking a nearly 11 percent increase from 2016 numbers. [Continue]
Southern Missouri banks merging
Poplar Bluff, Mo.-based Southern Missouri Bancorp, Inc., will acquire Southern Missouri Bancshares, Inc., Marshfield, Mo., for $15 million. [Continue]
North Dakota banks merging
Pembina County Bankshares, Cavalier, N.D., and Drayton Bancor, Drayton, N.D., have agreed to a merger of equals. [Continue]
Old National closing 14 branches
Evansville, Ind.-based Old National Bank is closing 14 branches, primarily in Wisconsin and Michigan. [Continue]
Drake Bank president announces resignation
Rick Gobell announced August 14 that he is leaving Drake Bank in St. Paul, Minn., to pursue other interests. [Continue]
Indiana bank buys Anchor in Minnesota
Evansville, Ind.-based Old National Bancorp is moving into Minnesota’s Twin Cities market with its acquisition of St. Paul, Minn.-based Anchor Bancorp, Inc., for just over $303 million. [Continue]
SD bank moves into Twin Cities
South Dakota’s First Bank and Trust is acquiring a pair of Minnesota banks as it moves into the Twin Cities market. [Continue]
First American sells branch to Minnesota bank
Hudson, Wis.-based First American Bank has agreed to sell a branch to Community Development Bank, Ogema, Minn. [Continue]