Heartway to Buy Peoples State Bank in Iowa

Heartway Bancorp. in Wayland, Iowa, has agreed to buy Peoples State Bank in Winfield, Iowa.

Heartway, the parent of the $88 million-asset Wayland State Bank, did not disclose the price it will pay for the $29 million-asset Peoples State.

The deal is expected to close in the fourth quarter.

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M&A Community banking Iowa
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