Merger Complete

PRESS RELEASE:   9/8/08                                        

Bank Merger Completed

     The Kaw Valley State Bank of Wamego’s merger with the First National Bank of Clifton / St Marys was completed as of September 5, 2008.  The combined assets of the three locations currently total nearly $131 million.      

     Since no personnel changes are anticipated, the public may not notice many changes except for new Kaw Valley signs in Clifton and St Marys.  Customers however, will see a number of benefits including extended hours, a larger ATM network, the ability to do their business with any of the three locations, plus some enhanced products and services.

     “We see this as a “win-win” situation for all three communities and for the bank,” stated Ed Martin who has served as President of both banks for the last several years.

     “The customer will have more options, and the banks will benefit by being able to share expertise and work with one set of bank regulators, rather than two,” Martin continued.

     The merger does not include any changes in ownership and decisions will continue to be made locally.  Additional information can be found on the bank’s new website: www.kvsb.net.