The Bank Slate

INSIGHTS INTO THE BANKING INDUSTRY

First Western in N.D. to buy Minnesota insurance agency

First Western Bank & Trust in Minot, N.D., has applied to acquire an insurance agency in Lismore, Minn.

 

The $2 billion-asset First Western submitted an application on Sept. 1 with the Federal Deposit Insurance Corp. to buy Lismore State Agency.

 

The deal is structured as a purchase and assumption agreement.

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