Bank failures are no longer the sweetheart deals they were a few years ago, but they still whet the appetite of plenty of buyers.
Great Southern Bancorp (GSBC) in Springfield, Mo., bought Valley Bank from the Federal Deposit Insurance Corp. last week after the Moline, Ill., bank failed. The deal is the fifth failed bank pick-up for Great Southern, one of the more prolific bidders of failed banks in recent years.
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