HMN Financial ( (HMNF) ) just unveiled an update.
Alerus Financial Corporation and HMN Financial, Inc. have announced the impending completion of their merger, having secured all necessary regulatory approvals and stockholder consent. The anticipated merger, set to finalize early in the fourth quarter of 2024, promises to combine their strengths, providing enhanced financial services and creating a robust entity with $5.5 billion in assets. The merger will extend Alerus’ reach with additional branches, promising growth and new opportunities for clients, employees, and stockholders alike.
Learn more about HMNF stock on TipRanks’ Stock Analysis page.