First National Bank & Trust Wyoming
Ty Nelson thought it would be extremely difficult to find a buyer but had confidence in the Sheshunoff team as they “focused on people they knew would be a good fit for us in the long term.” And as the team came closer to identifying Glacier BanCorp as a potential buyer, Nelson was assured that he could rely on Sheshunoff’s expertise. “It took someone who knows how to structure the deal,” says Nelson. He had wanted to be able to keep the bank name and, along with his brothers, keep a hand in the day-to-day operations of the bank.
As Adams retells it, “we were pleased that we could find Glacier BanCorp and structure a transaction that allows the First National Bank & Trust bank name and their local presence to remain largely unchanged. This means everything to their customers and the Nelson family, who continue to help run the business.” Adams cautions it is unusual to keep your bank name once you’re sold – it’s just a unique feature of this particular deal.
Read the full story…Sheshunoff & Co. Structures Friendly Wyoming Bank Sale Despite Difficult Economy
Community Bank Corp.
“Leveraging their deep relationships in the banking community, Sheshunoff Investment Banking helped us identify a buyer that shares our culture, operating philosophy and supports our objective to continue providing unparalleled service in our communities of Chaska and Chanhassen,” Burzinski said. “To achieve this level of success in the current market is a testament to Sheshunoff’s experience and buyer relationships.”
Jeff Burzinski, President and CEO of Community Bank Corp
First Community Bank, Fairburn, GA
“The decision to sell our bank was not easy. After finally deciding it was the best time to sell, we interviewed the representatives from Sheshunoff. During and after the interview, we felt a confidence in the experience and reputation their firm could offer in the sale. As we went through the process, we found that our confidence in them grew even more. They communicated with us and made us feel comfortable through ever step. I recommend this firm to anyone that is considering a sale or purchase of a financial institution.”
Robert F. Brown, President & CEO, First National Bank of Lamesa, Lamesa, TX
Read the full story…One Bank’s Solution to Meet Growth Goals
Valley State Bank
“The folks at Sheshunoff are true professionals. They worked with us through the major details on selling our bank and found the very best buyer. In fact, the buyer was over 500 miles away and paid millions more than local potential buyers were offering. Sheshunoff was extremely knowledgeable throughout the entire process and constantly provided us with well-informed advice. They even recommended a tax advisor that helped us save a considerable amount on taxes. Their professionalism and broad experience made it possible for our bank to combine forces with the best match at a price that exceeded our expectations.”
Galen Gilbert, CEO & President, Valley State Bank, Lamar, CO
First National Bank and Trust
“Part of our plans for growth included making the right acquisitions, but we needed someone we could trust to guide us through this major investment. That’s why we turned to Sheshunoff & Co. Their experts helped us through every detail of the transaction from selecting the right bank and structuring a successful bid, to data convergence and staffing issues. With their knowledge and commitment to detail, we successfully acquired two branches and have grown significantly.”
Steve Elred, President and CEO, First National Bank and Trust, Beloit, WI
Royal Oaks Bankshares
“Sheshunoff & Co. handled our business and this transaction with sensitivity, confidentiality and integrity. They knew our needs were unique and were able to assist us in finding a partner that had common values, philosophies and goals. Our customers, shareholders and management all benefited from Sheshunoff’s strategy to find the best buyer. Everyone on their team is knowledgeable and conducted this transaction with total professionalism.”
Dean Bass, Chairman & CEO, Royal Oaks Bancshares, Houston, TX
Nebraska State Bank
“We sought the knowledge and expertise of Sheshunoff & Co. to help assess our bank’s strategic vision. When we were approached with the unique opportunity to be acquired by Mutual of Omaha, a Fortune 500 Company, Sheshunoff provided a wealth of experience, direction, professional resources and open communication throughout the process. Their focus and determination ultimately landed us a successful transaction. Mutual of Omaha’s strong brand presence will give our bank and employees tremendous opportunities.”
Wayne Kehrli, President, Nebraska State Bank, Omaha, NE