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June 26, 2014
NEW YORK, June 26, 2014 — Covington & Burling advised MidFirst Bank in connection with its agreement to acquire Steele Street Bank. The acquisition, expected to close in the first quarter of 2015, is subject to shareholder and regulatory approval and other customary conditions.
MidFirst, one of the five largest privately owned banks in the United States, is a federally chartered savings association with nearly $10 billion in assets. Steele Street Bank and Trust is a community bank headquartered in Denver, Colo.
The Covington team was led by J. D. Weinberg and Allison Schiffman (corporate), and included Keith Noreika (banking), Michael Francese and Carolyn Taylor (executive compensation and benefits), Rob Heller (tax), Lee Tiedrich (IP) and Corinne Goldstein (environmental).