Eagle State Bank In Eastern Nebraska Being Sold

By: Associated Press Email
By: Associated Press Email

Eagle State Bank in eastern Nebraska is being sold.

Eagle Bancshares Inc. announced Thursday that it was buying the bank from Eagle Capital Co.

The sale is subject to regulatory approval. The terms are not being disclosed, and the deal is expected to close by the end of March.

Eagle Bancshares President Dave Christensen says the bank would remain headquartered in Eagle.

Christensen says he and two of the three other investors in Eagle Bancshares own Brunswick State Bank in Brunswick and Tri Valley Bank in Talmage.

The Federal Deposit Insurance Corp. said Eagle State Bank had $15.7 million in assets as of Sept. 30.

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