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Fidelity Company to acquire State Bank

Posted On: November 2, 2018 by State Bank in: Community, General

Dubuque, IA (November 2018) - James R. Kennedy, Jr., President of Fidelity Company, announced a Definitive Agreement has been signed to acquire State Bank of New Hampton, Iowa. The acquisition represents $380 million in total assets. On a combined basis, this organization will have over $1.3 billion in assets making it the 10th largest bank holding company in the state of Iowa.

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