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First Federal Bank Buys BNC National Bank’s Mortgage Biz

First Federal Bank has announced a deal to acquire certain assets and liabilities of BNC National Bank’s mortgage unit. So reports M&A Navigator.

first federal bankThe deal, terms of which were confidential, is set to close by the end of June.

Florida-based First Federal Bank said it will keep working with mortgage clients through North Dakota-based BNC National Bank’s locations in the Midwest and Arizona.

Read the full article from M&A Navigator.

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