Granite Bank Announces Acquisition of Maple Bank
Granite Bank, in Cold Spring, MN, announced that it has entered into an agreement to acquire Maple Bank, headquartered in Champlin, MN. Maple Bank is a single-location community bank founded in 2003, with assets totaling approximately $95 million. Upon closing of the transaction, Granite Bank will have approximately $240 million in assets. Gerald Reiter, President......