01.05.23 Legal Notice

By: 
NLJ Staff

NOTICE OF PROPOSED 

BANK MERGER

 

First Northern Bank of Wyoming, 141 South Main Street, Buffalo, Johnson County, Wyoming 82834, intends to apply to the Wyoming Division of Banking for permission to merge with First State Bank of Newcastle and establish a branch at the location of First State Bank of Newcastle, 24 North Sumner Avenue, Newcastle, Weston County, Wyoming 82701 (the “Merger”).  The Merger is anticipated to occur on March 24, 2023, subject to receipt of all regulatory approvals.  

The Merger will have the effects set forth in Section 13-4-111 of the Wyoming Statutes. At the effective time of the Merger (the “Effective Time”), First Northern Bank of Wyoming will continue as the bank resulting from the Merger (the “Resulting Bank”), and the separate corporate existence of First State Bank of Newcastle will cease.  At the Effective Time, all outstanding shares of First State Bank of Newcastle and First Northern Bank of Wyoming will, by virtue of the Merger, be converted into shares of common stock of the Resulting Bank.  At the Effective Time, all rights, title and interests to all real estate and other property owned by each of First State Bank of Newcastle and First Northern Bank of Wyoming will be allocated to and vested in the Resulting Bank without reversion or impairment, without further act or deed, and without any transfer or assignment having occurred, but subject to any existing liens or encumbrances thereon.  At the Effective Time, all liabilities and obligations of First State Bank of Newcastle and First Northern Bank of Wyoming will be allocated to the Resulting Bank.

 

(Publish January 5, 12 and 19, 2023)

Category:

News Letter Journal

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P.O. Box 40
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