Great Western Bancorp Completes Acquisition of HF Financial Corp

Great Western Bancorp Completes Acquisition of HF Financial Corp
16.05.2016 12:30 pm

Great Western Bancorp Completes Acquisition of HF Financial Corp

M&A Deals

Great Western Bancorp announced today that it has completed its previously announced acquisition of HF Financial Corp. (“Home Federal”). The acquisition of Home Federal increases Great Western’s assets to approximately $11.3 billion, and will add 23 locations to its 155 branch network with a new presence in North Dakota and Minnesota.

Great Western will be changing the existing Home Federal and Infinia branches over the next few weeks in connection with its systems conversion, which is expected to be completed on June 10, 2016.

“We are very pleased to welcome Home Federal customers to Great Western,” said Ken Karels, President and Chief Executive Officer. “Our team is eager to get to work Making Life Great for our customers and the communities we serve.”

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