trending Market Intelligence /marketintelligence/en/news-insights/trending/ke-k9cnymjpxqaqac8lraa2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

In North Dakota, First United Bank to acquire branch of Choice Financial

Blog

Banking Essentials Newsletter: May Edition

Blog

Latin American and Caribbean Market Considerations Blog Series: Focus on IFRS 9

Blog

Banking Essentials Newsletter: April Edition - Part 2

Blog

The Evolution of Cloud Banking: Successful Implementation & Frameworks


In North Dakota, First United Bank to acquire branch of Choice Financial

Park River, N.D.-based First United Bank applied with the Federal Deposit Insurance Corp. and North Dakota Department of Financial Institutions to acquire Fargo, N.D.-based Choice Financial Group's branch at 202 S. 5th St., in Petersburg, N.D.

First United Bank and Choice Financial expect to close the transaction Aug. 31.

As of March 31, First United Bank had $239.6 million in assets, while Choice Financial had assets of $1.28 billion.

First Holding Co. of Park River Inc. is the holding company of First United Bank, and Choice Financial Holdings Inc. is the holding company of Choice Financial.