Bank United Corp. signed an agreement Wednesday to buy Midland American Bancshares for an undisclosed amount.

The acquisition is expected to close in early 1999, upon regulatory approval. With this acquisition, Bank United would enter the West Texas market for the first time.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.