St. Paul's Western Bank acquired by Omaha company
Family-owned Western Bank was sold to a Nebraska holding company, according to the Pioneer Press. Western Bank President and CEO Tony Lemaire, "It's business as usual, except with more products, technology and capacity to provide our customers an even better banking experience."
A spokeswoman told the Business Journal no branch closures or layoffs are planned from the acquisition by Omaha-based American National Corp. The deal is expected to close in September.