Bank of American Fork to acquire Banner Bank’s Utah branches

The Bank of American Fork is buying all seven Utah branches of Banner Bank of Walla Walla, Wash., for an estimated $15.3 million. While the deal is subject to approval by regulators, the branches being acquired are expected to operate under the Bank of American Fork name beginning in October, the Utah-based bank said in a Thursday news release. The seven branches are in Woods Cross, Salt Lake City, Provo, South Jordan, Orem, Salem and Springville. The bank said it plans to consolidate the Wood...

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