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genlou

09/10/13 7:00 AM

#25 RE: SaltyMutt #18

Salty,"The bank immediately started the process of buying an old branch once operated by Farmer's and Merchants State Bank in Boise. That will be the bank's first branch. Lovell had to wait for regulators to lift the order before Idaho First could acquire the branch. The bank already had a loan production officer in Boise.

The lifted order is a positive sign for Idaho community banks, said Gavin Gee, director of the Idaho Department of Finance, which regulates state-chartered banks."

Read more here: http://www.idahostatesman.com/2013/09/06/2746344/regulators-remove-order-from-idaho.html#storylink=cpy