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The Honolulu Advertiser

Posted on: Monday, November 1, 2004

BUSINESS BRIEFS
BancWest grows with 2 bank buys

Advertiser News Services

BancWest Corp., the parent of First Hawaiian Bank and Bank of the West, today completed its acquisition of Community First Bankshares of Fargo, N.D., and USDB Bancorp. of Stockton, Calif., making it the seventh-largest bank holding company in the western U.S. with $49 billion in assets and 530 branches in 17 states, Guam and Saipan.

BancWest paid $1.2 billion for Community First and $245 million for USDB Bancorp.