Equity Bancshares, Inc. Expands Kansas Footprint, Acquires All Deposits And Assets Of Almena State Bank, Terms Not Disclosed.
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| Title: | Equity Bancshares, Inc. Expands Kansas Footprint, Acquires All Deposits And Assets Of Almena State Bank, Terms Not Disclosed. |
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| Authors: | Sam Taube |
| Source: | Benzinga. 10/26/2020. |
| Abstract: | WICHITA, Kan., Oct. 26, 2020 (GLOBE NEWSWIRE) -- Equity Bancshares, Inc. (NASDAQ:EQBK) ("Equity" or the "Company"), the Wichita-based holding company of Equity Bank, announced the acquisition of Almena State Bank at the close of business on October 23, 2020, with a purchase and assumption agreement facilitated by the Federal Deposit Insurance Corporation ("FDIC"). "We're proud to welcome new customers to the Equity Bank network. Our top priority is to work side-by-side with the community bankers who our Norton County customers trust and value, ensuring our customers don't miss a beat," said Brad Elliott, Chairman and CEO of Equity. "Equity Bank has served Kansas customers statewide since our beginning, and has a healthy balance sheet and a strong capital and liquidity position. Customers will have full access to our 51 locations, our digital banking services, and will enjoy no ATM fees on their debit cards at any ATM, anywhere." [ABSTRACT FROM PUBLISHER] |
| Database: | Newspaper Source Plus |
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| Abstract: | WICHITA, Kan., Oct. 26, 2020 (GLOBE NEWSWIRE) -- Equity Bancshares, Inc. (NASDAQ:EQBK) ("Equity" or the "Company"), the Wichita-based holding company of Equity Bank, announced the acquisition of Almena State Bank at the close of business on October 23, 2020, with a purchase and assumption agreement facilitated by the Federal Deposit Insurance Corporation ("FDIC"). "We're proud to welcome new customers to the Equity Bank network. Our top priority is to work side-by-side with the community bankers who our Norton County customers trust and value, ensuring our customers don't miss a beat," said Brad Elliott, Chairman and CEO of Equity. "Equity Bank has served Kansas customers statewide since our beginning, and has a healthy balance sheet and a strong capital and liquidity position. Customers will have full access to our 51 locations, our digital banking services, and will enjoy no ATM fees on their debit cards at any ATM, anywhere." [ABSTRACT FROM PUBLISHER] |
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