First National Bank in Fort Pierre, S.D., has agreed to buy Wyoming Bank & Trust in Cheyenne.
The $1.7 billion-asset First National plans to buy the $342 million-asset Wyoming Bank in the third quarter. The price wasn’t disclosed.
“By joining our two well-established community banks, we will be able to better serve the growing market in the Rocky Mountain region,” Craig Davis, First National’s president, said in a statement. Wyoming Bank “shares our same commitment to strengthen the financial wellness of our communities, and we are excited to partner with them to further deliver on that goal.”