Hannibal, Mo.-based HNB Bancorp is expanding in the state by acquiring Trustco Bankshares..The transaction is expected to close in the second quarter. Financial terms have not been disclosed. HNB Bancorp is the holding company for the nearly $1 billion HNB National Bank, which has 15 branches in northern Missouri. Trustco Bankshares is the holding company for the $313 million Kearney Trust Company, which has two branches in the Kansas City suburb of Kearney, Mo. Bank leaders said customers will gain access to a broader range of financial products and services, including better digital banking tools, expanded lending capabilities and additional financial planning resources.“Partnering with HNB allows us to preserve our local relationships and values while providing greater convenience, technology, and most importantly, long-term stability for those who trust us with their financial needs,” said Kearney Trust Company President Scott Middleton.
