HMN Financial in Rochester, Minn., has agreed to buy certain assets and liabilities of Kasson State Bank.
HMN, the parent of the $576 million-asset Home Federal Bank, said in a press release Friday that the deal will include Kasson State's two branches. The price was not disclosed for the deal, which is expected to close in the third quarter.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access