trending Market Intelligence /marketintelligence/en/news-insights/trending/XOpohKGhKMkHp7nsNPEmUg2 content esgSubNav
In This List

Fed OKs Sunflower Financial/Strategic Growth Bancorp deal

Blog

Banking Essentials Newsletter: July Edition - Part 2

Blog

Anticipate the Unknown Go Beyond Fundamentals to Uncover Early Signs of Private Company Credit Deterioration

Blog

Taking Loss Given Default Estimation to the Next Level: An Aspiration for All Creditors, Not Just Banks

Blog

Anticipate the Unknown A Fundamentals Approach to Detect Early Signs of Private Company Credit Deterioration


Fed OKs Sunflower Financial/Strategic Growth Bancorp deal

The Federal Reserve Board approved the pending deal of El Paso, Texas-based Strategic Growth Bancorp Inc. and Salina, Kan.-based Sunflower Financial Inc.

According to the Fed's approval order, the combined organization will be FirstSun Capital Bancorp. The combined company will be the 240th-largest depository organization in the U.S. and the 25th-largest in Colorado, with consolidated assets of approximately $4.0 billion and deposits of roughly $3.2 billion.

The transaction also received an earlier approval from the Office of the Comptroller of the Currency.