Regulators approve Hutchinson’s First National merger
08/30/2012 5:00 AM
08/30/2012 9:57 AM
Federal regulators have approved First National Bank of Hutchinson’s merger with First National Bank of Southern Kansas.
The Office of the Comptroller of the Currency, the regulator of nationally chartered banks, posted on its website this week that it approved the merger Aug. 13.
The Hutchinson bank announced the merger in early July.
The deal is expected to close Sept. 24, the Hutchinson bank said in a news release.
When complete, the three branches of Southern Kansas — Andale, Goddard and Mount Hope, where it is based — will become branches of the Hutchinson bank, which has $549 million in assets.
The deal also marks the Hutchinson bank’s expansion into the Wichita area.
Join the Discussion
The Wichita Eagle is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere on the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.