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Wells Financial shareholders OK deal with Citizens Community Federal

Shareholders of Wells, Minn.-based Wells Financial Corp. approved the company's pending deal with Eau Claire, Wis.-based Citizens Community Bancorp Inc. on Aug. 14.

The Office of the Comptroller of the Currency approved the transaction in June, with the $39.8 million cash-and-stock deal set to create a combined company with an estimated $940 million in assets.