MidFirst Bank plans to acquire Denver bank

Associated Press |

OKLAHOMA CITY (AP) — Oklahoma City-based MidFirst Bank has announced plans to acquire the Denver-based community bank Steele Street Bank & Trust.



The planned purchase announced Thursday would give MidFirst branches in Oklahoma, Arizona and Colorado in addition to commercial lending offices in Atlanta, Dallas, Houston and Southern California.

Terms of the sale were not disclosed.

MidFirst officials said the acquisition has been approved by the boards of directors of both companies and is expected to close during the first quarter of 2015 — subject to shareholder and regulatory approval.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Companies

Symbol Name Price Change % Volume
JPXEZ Jpm Chase Bk Hydroelectri n/a n/a n/a 0

Comments

Emerging Growth

Singlepoint Inc

SinglePoint Inc is a mobile technology company engaged in mobile payments, mobile giving, and mobile bidding. It operates mobile commerce and communications platform to accept mobile credit card payments.

Private Markets

Quants Inc

Quants, Inc, a California Corporation, develops, markets and operates financial technology platforms and alternative investment products offering sophisticated risk management since 2010. The Company has primarily sharpened its focus with…

iPRO Network, LLC

We provide the platform, tools, and resources to empower individuals and professionals to market desirable goods and services to the public, taking the place of traditional methods of commerce.