Stockman Bank of Montana has announced it is buying Basin State Bank, which has $115 million in assets and branches in Stanford, Lewistown and Geraldine.
Stockman CEO Bill Coffee says that Stockman is excited to serve more customers in central Montana.
Basin State Bank President Mike Zacher says Stockman's Montana roots, agricultural heritage and customer service philosophy are perfect for Basin State's customers. Zacher says with the purchase, Basin State customers will have access to mobile banking, remote deposit and electronic money management along with higher lending limits and access to full banking services when visiting larger cities such as Great Falls and Billings.
Stockman Bank was founded in Miles City over 60 years ago and remains family-owned with 28 locations statewide.