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Burlington, IA- The Burlington-based Two Rivers Financial Group has announced plans to expand operations into Lee County. The Hawk Eye reports that the expansion involves an agreement to acquire Lee County Bank locations in Mount Pleasant and Fort Madison. Lee County Bank will operate as a subsidiary of Two Rivers. The deal remains subject to regulatory approval, among other conditions, and is expected to be finalized in the third quarter. ....
Lee County Bank will operate as a wholly owned subsidiary of Two Rivers Financial Group, with Shane Zimmerman serving as Lee County Bank CEO and Michael Culbertson as Lee County Bank president. ....
A non-profit has cleared the zoning hurdle needed to build tiny homes for veterans in Fort Madison and is looking to expand into other communities. ....