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

Viking Investments Gp Inc

Viking Investments Group Inc provides professional advisory and consulting services to companies undergoing or anticipating periods of rapid growth, change or ownership transition.

Private Markets

XY Find It

Founded by serial entrepreneur Arie Trouw, XY Findables follows a single guiding principle: customers should never lose anything important again. With over 50,000 users around the world, more than 100,000…

Cross Campus

With over 500 members and operating 80,000 square feet by summer 2016, Cross Campus is one of the country’s top ten shared, collaborative office or "coworking" operators in the US.…