First State Buying Bank of America Branches

Photo courtesy of St. Louis Post-Dispatch

First State Community Bank is acquiring nine Bank of America branches in Missouri.

Terms of the deal were not disclosed. The purchase will increase the bank’s assets to $1.7 billion and 46 Missouri branches.

The 55 employees who previously worked as Bank of America workers will become First State employees under the deal. First Community Bank is based in Farmington, Mo.

Read more on St. Louis Business Journal.

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