Omaha Financial Holdings Inc. has agreed to acquire Midlands Financial Services Inc.
Omaha Financial, Omaha, Neb., is a unit of Mutual of Omaha Insurance Company, and Midlands Financial Services Inc., Omaha, is the parent of Nebraska State Bank.
Nebraska State Bank is a small bank, founded in 1972, that now has three offices in the Omaha area.
Mutual of Omaha is not saying how much it is paying for Midlands Financial, but, when the acquisition is final, Nebraska State Bank will become Mutual of Omaha Bank. The three Nebraska State offices will become branches of the Mutual of Omaha Bank main office, Mutual of Omaha says.