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Pueblo Bancorp. to buy Ark Valley in Colorado bank merger

Pueblo Bancorp. in Pueblo, Colo., has agreed to buy Ark Valley Bankshares in La Junta, Colo.

The parent of the $647.4 million-asset Pueblo Bank and Trust should complete its purchase of the $137.2 million-asset Ark Valley in the first quarter, according to an announcement by Olsen Palmer. The price wasn’t disclosed.

Olsen Palmer advised Ark Valley.

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