staff and wire reports | Posted: Thursday, July 9, 2009 12:00 am
A Lincoln-based group is buying a bank in Talmage, said Lora Damme, president and principal owner of Tri Valley Bank.
Tri-Valley Bancshares Inc. will assume the Talmage operation within 60 to 90 days, pending regulatory approval. Damme declined to comment on the purchase price. Representatives from Tri-Valley Bancshares Inc. did not return calls for comment on Thursday.
The Talmage bank holds $5 million in assets and works principally with Southeast Nebraska farmers.
Damme said she wanted to sell the bank to simplify her life.