The $418 million-asset
MNB said in a press release that it expects to complete the purchase of the $149
million-asset Doniphan on June 1. The company did not disclose the price it
will pay.
"This is a
historic day for our organization," Brian Esch, MNB’s president and CEO,
said in the release. "I am confident that our expansion into central
Nebraska will provide economic security, growth and valuable options for our
customers and our staff.”
MNB said it will
keep all of Doniphan’s staff members.
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