Enterprise Financial Services Corp., the holding company of Enterprise Bank & Trust , announced today the completion of EB&T’s acquisition of twelve branches from First Interstate Bank, a wholly-owned subsidiary of First Interstate BancSystem, Inc. The acquisition adds 10 branches in Arizona and two branches in Kansas with approximately $300 million in loans and $645 million in deposits. Following the acquisition, Enterprise will have approximately $17 billion in total assets.

MORE NEWS: Phoenix bucket list: 25 things you must do

James B. Lally, President and Chief Executive Officer of Enterprise stated, “We are pleased to announce the completion of the acquisition of twelve First Interstate Bank branches in Arizona and Kansas City. In addition to an enhanced funding profile, the a

See Full Page