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Community First buys more banks in Colo.
- Article from:
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Northwestern Financial Review
- Article date:
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January 24, 1998
- Author:
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Copyright informationCopyright NFR Communications Inc Jan 24, 1998. Provided by ProQuest LLC. (Hide copyright information)
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Community First Bankshares, Inc., Fargo, N.D., has signed an agreement to acquire FNB, Inc., Greeley Colo., a bank holding company that owns First National Bank of Greeley and Poudre Valley Bank in Fort Collins, Colo., in exchange for Community First common stock. The acquisition, subject to regulatory approvals, is expected to close this quarter. The announcement comes just one week after Community First Bankshares announced it will purchase Community Bancorp, Inc., the parent company of Community First National Bank, of Thornton, Colo.
First National Bank of Greeley, with $79 million in assets, has two offices in Greeley. Poudre Valley Bank, with $41 million in assets, operates two ...
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