BAWAG Group in Vienna, Austria, has agreed to buy Peak Bancorp in McCall, Idaho.
The $555 million-asset parent of Idaho First Bank said in a press release Wednesday that BAWAG is paying $65 million.
“We are extremely excited about the opportunity to join BAWAG Group, and are proud to be a focal point for its U.S. expansion efforts,” Todd Cooper, Peak’s president and CEO, said in the release.