trending Market Intelligence /marketintelligence/en/news-insights/trending/12bLqxVX6jACY9YyK45j0Q2 content esgSubNav
In This List

Iowa-based Central Bancshares acquires Walcott Trust and Savings Bank

Podcast

Street Talk Episode 87

Blog

A New Dawn for European Bank M&A Top 5 Trends

Blog

Insight Weekly: US banks' loan growth; record share buybacks; utility M&A outlook

Blog

Banking Essentials Newsletter 2021: December Edition


Iowa-based Central Bancshares acquires Walcott Trust and Savings Bank

Muscatine, Iowa-based Central Bancshares Inc. completed the acquisition of Walcott, Iowa-based Walcott Trust and Savings Bank, effective Dec. 12.

The bank will continue to operate under the Walcott Trust and Savings Bank name through the first half of 2020. Central Bancshares then anticipates bringing the bank into the CBI Bank & Trust charter, Central Bancshares President and CEO Greg Kistler said in a news release.

Central Bancshares' total assets have increased to over $1 billion with the acquisition.