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Golden Belt Bank, Morgan Federal Bank complete merger

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Golden Belt Bank, Morgan Federal Bank complete merger

Ellis, Kan.-based Golden Belt Bank FSA on Oct. 2 completed its pending acquisition of Fort Morgan, Colo.-based Morgan Federal Bank, according to the Office of the Comptroller of the Currency.

The deal was announced in April and received OCC approval in August.

As of June 30, Golden Belt Bank had assets of $141.0 million, while Morgan Federal Bank had assets of $112.3 million. Mid-America Financial Corp. is the parent of Golden Belt Bank.