Advantage Bank sale: South Dakota bank enters NoCo marketplace

LOVELAND — Sometimes a successful business venture is making the best of a bad situation, and challenging that appears to be the case in the pending sale of Loveland-based Advantage Bank to First National Bank of Pierre, South Dakota.

“I think it’s a good deal for all parties. It’s a great transaction,” said Larry Buckendorf, who co-owns Advantage Bancorp, along with partner Jeff Demaske. “Jeff and I are not bankers. We found ourselves in that position. It got a bit complicated, but the bank recovered very well with a lot of hard work and great…