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COMMUNITY FIRST BANKSHARES RECEIVES APPROVAL FOR NORTH DAKOTA MERGER

COMMUNITY FIRST BANKSHARES RECEIVES APPROVAL FOR NORTH DAKOTA MERGER
 FARGO, N.D., Nov. 21 /PRNewswire/ -- Community First Bankshares, Inc. (NASDAQ: CFBX), today announced that the North Dakota Banking Board has approved the merger of Community First North Dakota Bankshares, Inc., into the company. Donald R. Mengedoth, president and chief executive officer of both companies, said the merger will be effective Nov. 30, 1991.
 Community First Bankshares, Inc., will issue 1,052,561 shares of its common stock in exchange for all the outstanding common stock of Community First North Dakota Bankshares, Inc.
 Community First Bankshares, Inc., has 19 banking offices in Minnesota and South Dakota. The acquisition of two additional banks is pending. Community First North Dakota Bankshares, Inc., has four banking offices in North Dakota.
 -0- 11/21/91
 /CONTACT: Curt Swenson of Swenson/Falker Associates Inc., 612-371-0000, for Community First Bankshares; or Don Mengedoth of Community First Bankshares, Inc., 701-235-1600/
 (CFBX) CO: Community First Bankshares, Inc. ST: Minnesota IN: FIN SU: TNM JS -- MN011 -- 6067 11/21/91 16:36 EST
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Publication:PR Newswire
Date:Nov 21, 1991
Words:173
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