First State Murdock to merge into Citizens Alliance; new building planned
MURDOCK -- The planned merger of the First State Bank of Murdock will lead to the construction of a new facility in Murdock, and assurances of continued operations in the Swift County community.
Philip R. Forstrom, president of Forstrom Bancorporation Inc. in Clara City announced Wednesday the corporation entered into a purchase agreement Sept. 14 to acquire 100 percent of the stock of Murdock Rancor Inc., the parent company of First State Bank of Murdock.
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