MINNEAPOLIS -- Norwest Corp. said it has signed a definitive pact to buy Community Credit Co., a consumer finance company based in Edina, Minn.
Terms were not disclosed.
The company said Community Credit, which has about $180 million of assets, will operate as a unit of its Norwest Financial Inc. subsidiary.
Community Credit has 50 offices in Illinois, Minnesota, and Wisconsin.
Norwest said it expects the deal to be completed early next year, subject to regulatory and Community Credit shareholder approval.