Great Southern Bank acquired $375.4 million in assets and 13 branch offices from Valley Bank of Moline, Ill., after it was closed by bank regulators.
Based in Springfield, Mo., Great Southern Bank (Nasdaq: GSBC) entered the Kansas City area in 2006 and now has 11 area branches. Prior to the acquisition, it had $3.77 billion in assets, making it nearly the size of Intrust Bank and about $1 billion smaller than Bank Midwest.
The acquisition boosts the Iowa presence of Great Southern Bank, which previously…
Great Southern Bank acquired $375.4 million in assets and 13 branch offices from Valley Bank of Moline, Ill., after it was closed by bank regulators.
Based in Springfield, Mo., Great Southern Bank (Nasdaq: GSBC) entered the Kansas City area in 2006 and now has 11 area branches. Prior to the acquisition, it had $3.77 billion in assets, making it nearly the size of Intrust Bank and about $1 billion smaller than Bank Midwest.
The acquisition boosts the Iowa presence of Great Southern Bank, which previously…