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Related Companies Great Western Bank National Australia Bank (NAB) TierOne Bank TierOne Corp. (TONE)

Related Documents Merger Press Release (MR) TierOne Corp. 11/6/2009, filed on 11/6/2009

Related Articles 9/4/2009 TierOne to shed 32 branches in sale to South Dakota-based Great Western Bank

Related Deals National Australia Bank, Limited/32 Branches

Lincoln, Neb.-based TierOne Corp. said Nov. 6 that the closing date for the sale of deposits, selected loans and other assets associated with 32 branches of unit TierOne Bank has been rescheduled to the first quarter of 2010 from Dec. 4, the earliest possible date under the sale agreement.

TierOne Corp. announced Sept. 4 that it had entered into a definitive agreement to sell the deposits and assets to Sioux Falls, S.D.-based Great Western Bank, a unit of National Australia Bank Ltd.

The closing date has been rescheduled mainly to allow additional time to complete the ongoing regulatory approval process, TierOne's announcement stated.

Upon completion of the deal, TierOne Bank will have 37 banking offices in Nebraska, Iowa and Kansas. The closing of the transaction is subject to customary conditions and regulatory approval.