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- MidFirst Bank Completes Acquisition of Amerant Bank's Houston Locations
MidFirst Bank Completes Acquisition of Amerant Bank's Houston Locations
Slice of Finance Team
13 Nov
Key Highlights:
MidFirst Bank acquires six Houston locations from Amerant Bank
Adds 45 employees and significant client relationships
Branches reopen as MidFirst locations on November 12
Acquisition supports MidFirst’s Texas growth strategy
Veterans Day holiday transition for customer convenience
Source: Business Wire
Notable Quotes:
“Houston is a highly desirable and fast-growing market, and this acquisition is important to our growth plans for Texas.”
“Our team has significant experience and strong relationships in Houston, and we look forward to a bright future as we continue to grow and serve the community.”
Our Take:
This acquisition signifies MidFirst Bank's ongoing expansion into the Texas market, underscoring Houston’s growth potential and MidFirst’s commitment to strengthening its regional presence. By acquiring Amerant Bank’s Houston operations, MidFirst not only broadens its geographic footprint but also brings on a well-established local team and clientele. Transitioning on Veterans Day provides an opportunity for minimal disruption, reflecting MidFirst’s customer-centered approach during major operational changes.