Announced

CrossFirst Bankshares to merge with Canyon Community Bank in a $15m deal.

Synopsis

CrossFirst Bankshares, a Kansas corporation and a registered bank holding company, agreed to merge with Canyon Bancorporation, an Arizona corporation and a registered bank holding company, in a $15m deal. “We are excited to welcome Canyon Bank’s clients and employees to our CrossFirst team. This transaction represents a natural extension of our growth opportunity in Arizona by providing a strategic presence in Tucson with a strong core deposit base and liquidity position, while also supplementing our existing presence in the metro Phoenix market,” Mike Maddox, CrossFirst President and Chief Executive Officer.

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