M&A Deal Summary

Nevada State Bank Acquires Great Basin Bank of Nevada

On April 17, 2009, Nevada State Bank acquired financial services company Great Basin Bank of Nevada

Acquisition Highlights
  • This is Nevada State Bank’s 3rd transaction in the Financial Services sector.
  • This is Nevada State Bank’s 4th transaction in the United States.
  • This is Nevada State Bank’s 3rd transaction in Nevada.

M&A Deal Summary
Date 2009-04-17
Target Great Basin Bank of Nevada
Sector Financial Services
Buyer(s) Nevada State Bank
Deal Type Add-on Acquisition

Target

Great Basin Bank of Nevada

Elko, Nevada, United States
Great Basin Bank of Nevada provides banking services to individual and corporate and commercial clients.

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Buyer(S) 1

Buyer

Nevada State Bank

Las Vegas, Nevada, United States
Category Company
Founded 1959
Sector Financial Services
DESCRIPTION

Nevada State Bank's mission is simple. We will continue to build on the strength and security of our 50-year heritage by creating financial solutions for Nevada's families and businesses through client-focused activities, technology and great teamwork.

DEAL STATS #
Overall 4 of 4
Sector (Financial Services) 3 of 3
Type (Add-on Acquisition) 4 of 4
State (Nevada) 3 of 3
Country (United States) 4 of 4
Year (2009) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-10-18 Pioneer Bancorp.

Reno, Nevada, United States

Pioneer Bancorporation Provides banking services throughout Nevada.The bank offered a variety of loans, including consumer loans, real estate loans, agricultural loans, and business loans.

Buy $347M
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