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Regulators approve Eagle Bancorp Montana/Western Holding Co. of Wolf Point deal

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Regulators approve Eagle Bancorp Montana/Western Holding Co. of Wolf Point deal

Eagle Bancorp Montana Inc. has received all the regulatory and shareholder approvals required in connection with its acquisition of Western Holding Co. of Wolf Point and Western Bank of Wolf Point.

Both the Montana Division of Banking and Financial Institutions and the Federal Reserve Bank of Minneapolis have approved the transaction. Shareholders of Western Holding Co. of Wolf Point approved the deal Nov. 25.

The transaction is expected to close Jan. 1, 2020.

Eagle Bancorp Montana is the parent company of Opportunity Bank of Montana.