Cozad, Neb.-based Waypoint Bank is acquiring a branch in Sutton, Neb., from Scandia, Kan.-based Astra Bank..Following the acquisition, Waypoint Bank will have a half-dozen branches in Nebraska and two in Colorado. The deal is expected to close later this summer. “We’re excited to welcome Sutton into the Waypoint Bank family,” said Chair, President and CEO Tim Sladek. “This expansion strengthens our branch network and deepens our presence in Clay County.”Astra Bank President/CEO Kyle Campbell said his organization emphasized that “a customer-focused community bank continued to be an integral part of Sutton.“Waypoint Bank fits this description very well, and they are already integrated into the Clay County area,” he said.
