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Keweenaw Financial merges with Range Financial

PRIVATEJun 25, 2026

Acquiring Company

Keweenaw Financial

Acquired Company

Range Financial

MichiganMichiganFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceLendingBanking

Description

Keweenaw Financial and Range Financial announced a merger to form Superior Range Bank. The transaction will create a combined bank with over $1.68 billion in assets. The merger is expected to enhance services and operational efficiency. Closing is anticipated in the fourth quarter of 2026.

Quick answer

Keweenaw Financial is acquiring Range Financial, announced June 25, 2026. Keweenaw Financial is based in Michigan, United States.

How much did Keweenaw Financial pay for Range Financial?
The deal value was not disclosed.
What does Keweenaw Financial do?
Keweenaw Financial is the holding company of Superior National Bank, which has approximately $1.05 billion in assets.
Where are Keweenaw Financial and Range Financial based?
Keweenaw Financial is based in Michigan, United States. Range Financial is based in Michigan, United States.
Who are the decision-makers at Keweenaw Financial?
Fundz holds 1 contact at Keweenaw Financial. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Keweenaw Financial

Location

Michigan, United States

About

Keweenaw Financial is the holding company of Superior National Bank, which has approximately $1.05 billion in assets. Founded in 1890, Superior National Bank is the largest community bank headquartered in Michigan’s Upper Peninsula. It operates about 10 locations across the Upper Peninsula and Southeast Michigan.

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Frequently asked

Who acquired Range Financial?

Range Financial was acquired by Keweenaw Financial, based in Michigan. The deal was reported on June 25, 2026. Keweenaw Financial is the holding company of Superior National Bank, which has approximately $1.05 billion in assets. Keweenaw Financial is privately held and operates in Financial Services.

When did Keweenaw Financial acquire Range Financial?

Keweenaw Financial's acquisition of Range Financial was reported on June 25, 2026. Keweenaw Financial and Range Financial announced a merger to form Superior Range Bank. The transaction will create a combined bank with over $1.68 billion in assets. The merger is expected to enhance services and operational efficiency. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Range Financial do?

Range Financial is the holding company of Range Bank, which has approximately $635 million in assets. Founded in 1887, Range Bank is the third-largest community bank headquartered in the Upper Peninsula. It is privately held, operating in Financial Services, and is based in Michigan.

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