Bank completes acquisition
SIOUX FALLS, S.D. – Great Western Bank said it has completed its previously announced acquisition of 20 First Community Bank branches in Colorado, including 10 locations in the Boulder Valley.
The former First Community Bank branches reopened as Great Western Bank branches on Monday. Great Western said it acquired about $600 million in deposits and $380 million in selected loans out of the deal.
The South Dakota-based bank with about $5.1 billion in assets now has a total 125 locations in Colorado, Arizona Iowa, Kansas, Missouri, Nebraska and South Dakota.
Great Western has three branch locations in Longmont, two in Boulder, Louisville and Lafayette, and one in Erie.
SIOUX FALLS, S.D. – Great Western Bank said it has completed its previously announced acquisition of 20 First Community Bank branches in Colorado, including 10 locations in the Boulder Valley.
The former First Community Bank branches reopened as Great Western Bank branches on Monday. Great Western said it acquired about $600 million in deposits and $380 million in selected loans out of the deal.
The South Dakota-based bank with about $5.1 billion in assets now has a total 125 locations in Colorado, Arizona Iowa, Kansas, Missouri, Nebraska and South Dakota.
Great Western has three branch locations in Longmont, two in Boulder, Louisville…
THIS ARTICLE IS FOR SUBSCRIBERS ONLY
Continue reading for less than $3 per week!
Get a month of award-winning local business news, trends and insights
Access award-winning content today!
