DES MOINES -- Midland Savings Bank has reached agreements to sell its bank offices in Boone and Monticello, Iowa. Citizens National Bank of Boone-Stratford, a subsidiary of Hawkeye Bancorp, will buy the boone office and its $16.5 million in deposits and will retain Midland's Boone employees.

Liberty Savings Bank of Johnston will acquire the Monticello office and its deposits of $13.5 million.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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