All acquisitions shall be approved in advance in writing by the director. (1) A mutual or stock savings bank may acquire, as defined by section 26-2605 , Idaho Code, a savings bank organized in the same form. (2) A stock savings bank may acquire or be acquired by either a state or national bank with the state or national bank being the surviving bank. (3) A mutual savings bank may acquire or be acquired by a credit union, with the mutual savings bank being the surviving entity. (4) A stock savings bank may acquire or be acquired by a national or state bank with the national or state bank being the surviving entity.
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