High Plains Banking Group, Inc., parent of High Plains Bank, has completed its merger with The First National Bank of Hugo. The institutions will now operate as one bank under the High Plains Bank name.
Olsen Palmer LLC served as financial advisor to High Plains Banking Group, Inc.
First National Bank of Hugo’s CEO plans to retire shortly after the merger and will serve on the High Plains Bank board of directors.
Olsen Palmer is the #1 sell-side bank M&A advisor nationwide and one of the top 3 overall (sell-side + buy-side) based on transaction count since 2025, according to S&P Global.