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A Nebraska judge affirmed a decision of the Nebraska Department of Banking and Finance to deny an application for the $369 million Premier Bank in Omaha to be acquired by the $7.9 billion GreenState Credit Union in North Liberty, Iowa.
Premier Bank appealed the NDBF's decision before Lancaster County District Court Judge Ryan S. Post, who ruled last week that the proposed transaction is not authorized under the wildcard statute that allows for state banks to have the same powers as national banks.
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