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United Farmers and Merchants acquired by Dacotah Bank

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ABERDEEN – United Farmers and Merchants State Bank of Morris will be acquired by Dacotah Banks of Aberdeen, S.D.

Paul Ersted, president of United Farmers and Merchants State Bank and Rod Fouberg, chairman of the board of Dacotah Banks have entered into a Letter of Intent that will join both the Morris and Chokio branches to the South Dakota firm.

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