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Union State Bank of Everest Adding Two New Locations

08/07/2012

( KNZA )--Union State Bank of Everest has announced that applications are being submitted to the Federal Reserve Board of Governors and the Office of The State Bank Commissioner of Kansas for permission to complete acquisitions of United Bank of Kansas branches located in Lancaster and Atchison.
Final approval and completion of the transactions are expected within 90 days of acceptance of the applications by the governmental entities.
Steve Handke, Union State Bank President and Chief Executive Officer, says by making the acquisitions, they expect to further bolster their financial commitment to Lancaster, Atchison and the surrounding area, providing customers with increased opportunities to experience community banking at its best.
With roots dating back to 1901, the Union State Bank in more recent times has undergone significant growth, expanding beyond Everest to include three additional bank locations in northeastern Kansas and one in northwestern Missouri. These include the Bank of Atchison, whichwas founded 19 years ago; Union State Bank-Horton branch, which opened in 2002; and Bank of McLouth, which was merged in 2011. The Missouri branch, Bank of Gower, was added in 2009.
Handke says the purchase of the United Bank of Kansas branches in Lancaster and Atchison will add to their resources and further strengthen their capabilities to accommodate existing and future clients.

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