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Bank of Bridger acquires First Security Bank in Malta

Bank of Bridger, N.A. is proud to announce that its parent bank holding company, The Bridger Company, has acquired Malta Banquo, Inc., and its wholly owned subsidiaries, First Security Bank and Valley Bank. With the acquisition, Bank of Bridger N. A. is expected to have $600 million in total assets, $300 million in total loans, and $550 million in deposits. Bank of Bridger, N. A. Family of Banks is a community bank with 12 locations throughout Montana and Wyoming.

“We are excited to expand our footprint in the agriculturally based communities of Malta and Glasgow,” remarked Bart Langemeier, CEO of Bank of Bridger, N.A. “Our expertise in ranching and farming will pair well with the existing customer base. In addition, we will bring technology enhancements, increased lending capabilities, more products and services and an expanded lending area. We believe in investing in all the communities we serve and strive to provide quality banking services to meet our customer’s needs.”

Bank of Bridger, N. A. was originally chartered on May 1, 1906 under The First National Bank of Lovell. Several name changes and ownerships later, the current owners purchased the holding company in 1986 and ownership remains the same today. Bank of Bridger, N. A. Family of Banks commitment to community is reflected in the names of our locations as each one is named for the towns we serve. Keeping with our community spirit, we are proud to announce that First Security Bank will be renamed Bank of Malta and Valley Bank will be renamed Bank of Glasgow. Our market areas include Bridger, Butte, Glasgow, Harlem, Joliet, Malta, Plentywood and Red Lodge Montana; Greybull, Lovell, Powell and Thermopolis Wyoming. For more information, log on to http://www.bankofbridger.com. Member FDIC. Equal Housing Lender.

 

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