$650M in assetsStrategic acquisitionFinancial Services
North Dakota's First International Bank enters Texas with Dominion Bank deal
Watford City, N.D.-based First International Bank & Trust will buy Dallas-based Dominion Bank, which has about $650 million in assets. The combined lender will have roughly $7 billion in assets and 31 locations, including three Texas branches. The price was not disclosed, and closing is expected in the first quarter of 2027.
Why it matters: The deal takes a 116-year-old family-owned Midwest bank into Texas, a market its CEO says shares North Dakota's oil and ranching economy.
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