Idaho Trust to acquire the trust and wealth management division of Bank of Idaho.

Idaho Trust, a provider of trust and wealth management services in Idaho, agreed to acquire the trust and wealth management division of Bank of Idaho, a provider of a variety of banking and other financial services. Financial terms were not disclosed. “This is an exciting opportunity for Idaho Trust to broaden our reach and serve a new group of clients with the same dedication to excellence that has defined our organization. We are honored to welcome the new team and their clients into our family and are committed to providing them with tailored solutions, enhanced resources, and the personalized service they are accustomed to,” Thomas Prohaska, Idaho Trust Company Chairman and President.