UPDATE 1-BancFirst to buy Union National Bancshares, unit

* Sees deal to close by Sept. 30

* Unit has $135 mln in assets, $120 mln in deposits

* Terms of the deal not disclosed

July 14 (BestGrowthStock) – BancFirst Corp (BANF.O: ) said it agreed
to buy Union National Bancshares Inc and its unit, Union Bank
of Chandler.

Terms of the deal, expected to be completed by Sept. 30,
were not disclosed.

Oklahoma-based Union Bank of Chandler has about $135
million in total assets, $86 million in loans and $120 million
in deposits.

The bank will operate as Union Bank of Chandler until its
systems are merged with BancFirst in the fourth quarter, the
companies said in a statement.

Union National’s Chief Executive Ben Walkingstick would
serve as the chairman of BancFirst Chandler, the statement
said.

Shares of the Oklahoma-based company were down 20 cents at
$37.65 Wednesday on Nasdaq.
(Reporting by Shravya Jain in Bangalore; Editing by Vyas
Mohan)

UPDATE 1-BancFirst to buy Union National Bancshares, unit