CASPER, Wyo. (AP) - The holding company for Wyoming State Bank is planning to merge with a Nebraska holding company in the first half of this year.
The Star-Tribune reports (https://bit.ly/1Zgmatu ) that the Boards of Directors for First Wyoming Bancorporation and First Express of Nebraska, Inc., have unanimously approved the deal.
First Express of Nebraska is the holding company for Valley Bank and Trust Co. and Western States Bank.
Under the terms, the three combined banks would total $57 million in equity and $525 million in assets. The transaction is subject to regulatory approval.
The banks will operate under the name Western States Bank. The First Wyoming Bancorporation charter will remain in Laramie.
Information from: Casper (Wyo.) Star-Tribune, https://www.trib.com
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