Central Bancshares in Iowa to buy SENB Bank in Illinois

Central Bancshares in Muscatine, Iowa, has agreed to buy McLaughlin Holding in Moline, Illinois. The $1.1 billion-asset Central Bancshares said in a press release that it plans to buy the holding company for the $337 million-asset SENB Bank in the third quarter.

M&A News is reported by Paul Davis and reprinted with permission as an adaptation of the material from TheBankSlate.com.


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