Acquisitions

TITLE 26 BANKS AND BANKING CHAPTER 18 SAVINGS BANKS 26-1814. Acquisitions. All acquisitions shall be approved in advance in writing by the director. (1)  A mutual or stock savings bank may acquire, as defined by section 26-2605 , Idaho Code, a savings bank organized in the same form. (2)  A stock savings bank may acquire or be acquired by either a state or national bank with the state or national bank being the surviving bank. (3)  A mutual savings bank may acquire or be acquired by a credit union, with the mutual savings bank being the surviving entity. (4)  A stock savings bank may acquire or be acquired by a national or state bank with the national or state bank being the surviving entity.