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Announced

NATCOM Bancshares to merge with RiverWood Bank.

Synopsis

NATCOM Bancshares, a full-service national bank, agreed to merge with RiverWood Bank, a bank with locations across central and northern Minnesota. Financial terms were not disclosed. RiverWood has 11 locations throughout Minnesota in Bagley, Baudette, Baxter, Benson, Bemidji, Big Lake, Crosslake, International Falls, Monticello, and Morris; the company has more than $625 million in assets.

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