The Bank Slate


First Western in ND buys State Bank of Lismore in Minn.

First Western Bank & Trust in Minot, N.D., bought State Bank of Lismore in Minnesota.

The $2.2 billion-asset First Western said in a press release that it acquired the $65 million-asset State Bank on Nov. 30. The price wasn’t disclosed.

State Bank “is a longstanding, family owned bank with a very well-respected banking history,” Brenda Foster, First Western’s president and CEO, said in the release.

“Our banks have common values focused on superior customer services and a deep commitment to our customers and communities,” Foster added.

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