First Interstate Selling Banks: First Interstate Bancorp...
From Times Staff and Wire Reports
First Interstate Selling Banks: First Interstate Bancorp confirmed that it will sell three of its New Mexico banks to United New Mexico Financial Corp. for $52 million. First Interstate said it will sell First Interstate Bank of Albuquerque, First Interstate Bank of Roswell and First Interstate Bank of Lea County. The three have combined assets of $777 million. First Interstate is not abandoning New Mexico, however; it will keep a bank in Santa Fe.
