Amerant announces OCC approval for sale of 6 Houston branches to MidFirst Bank, closing Nov 8

Amerant Bancorp Inc.

MidFirst Bank received OCC approval for purchase and assumption of 6 Houston branches from Amerant Bank.
Transaction expected to close on November 8, 2024, subject to customary closing conditions.
MidFirst will assume certain deposit liabilities and acquire loans, cash, real property, and fixed assets.
All Amerant Bank employees in Houston are expected to join MidFirst upon completion.

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