Notes, News and Views on Community Banking

Great Western buying TierOne branches

      TierOne Corporation, the holding company for TierOne Bank of Lincoln, Neb., announced last month it has entered into a definitive agreement to sell deposits, selected loans and other assets associated with 32 of the bank’s branch offices to Great Western Bank, a South Dakota-based subsidiary of National Australia Bank.

      The transaction, which is subject to regulatory approval, is expected to be completed by the end of the year.   Great Western Bank will . . .

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