Tri-County Bank in Stuart, Neb., has agreed to buy Butte State Bank in Butte, Neb.
The merger application was submitted on Jan. 30. The price wasn’t disclosed.
Butte State was chartered in 1944 and has been owned by three generations of the Brewster family since 1963.
The merger “allows the Brewster family heritage to continue providing banking services to the region … as it has for the past 63 years,” Craig Brewster, Butte State’s president, said in a press release. “The Tri-County Bank’s philosophy, deposit and lending product offerings, and technology will be a nice fit for current and future bank account holders and borrowers.”