The $595 million-asset VisionBank said in a press release that it expects to complete the purchase of the $176 million-asset Legacy in late 2022. The price wasn’t disclosed.
“We are confident that the powerful synergies, additional market coverage and financial strength this partnership creates will drive long-term success,” Heather Miller, VisionBank of Iowa’s president and CEO, said in the release.
“We are excited about combining the outstanding legacies of two strong, customer- and community-focused organizations,” Miller added.
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