Home Federal To Be Bought

Idaho-based Home Federal Bank has agreed to be acquired by Banner Corp., parent company of Banner Bank, of Walla Walla, Wash., and Islanders Bank, in Friday Harbor, Wash., according to a news release issued Tuesday.The announced merger would give Banner Corp. $5.2 billion in total assets, making it the fourth largest bank headquartered in the Pacific Northwest, according to the news release.

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