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Missouri-based Amsterdam Bancshares to acquire STD Investments

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Missouri-based Amsterdam Bancshares to acquire STD Investments

Amsterdam, Mo.-based Amsterdam Bancshares Inc. filed an application with the Federal Reserve Bank of Kansas City to acquire all voting shares of Mindenmines, Mo.-based S.T.D. Investments Inc. and indirectly acquire unit Bank of Minden, according to a Federal Reserve release.

Bank of Minden has total assets of $28.2 million as of Sept. 30, according to S&P Global Market Intelligence data.

Capital Corp. LLC serves as financial adviser of Amsterdam Bancshares on the deal.

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