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Rhineland Bancshares Finalizes Acquisition of Bancstar Inc., Parent Company of Bank Star
April 2, 2026
[Hermann, MO] — [4.1.26] — Rhineland Bancshares, Inc., (RBI) the holding company for PSB Bank, is pleased to announce it has finalized its acquisition of Bancstar Inc., the holding company for Bank Star.
This marks an exciting new chapter for two community banking organizations that share a deep commitment to personal service, local leadership, and the communities they call home. The merger of Bank Star and PSB Bank is expected to take place early in the third quarter.
“This is a meaningful step forward for our organization, but even more importantly, it is a celebration of what community banking stands for,” said Mark Laune, President and CEO. “Bank Star and PSB Bank both believe banking is about relationships, trust, and being there for our customers and communities every day. We are honored to welcome Bank Star’s customers, employees, and communities into the Rhineland Bancshares family.”
Throughout the transition, customers can expect the same familiar service and local commitment they know and trust. Until the bank merger is completed, Bank Star and PSB Bank will continue to operate separately, and customers will be kept informed well in advance of any upcoming changes.
By bringing these two organizations together, Rhineland Bancshares is building on a shared tradition of community banking — one centered on helping local families, businesses, farmers, and communities thrive. The combined organization will be well-positioned to offer added strength and resources while continuing the personal, hometown service that customers value most.
“We are excited about the future and the opportunities ahead,” said Laune, “Most importantly, we are committed to making this transition a positive one for our customers, our employees, and the communities we serve. Our focus remains on serving people well, supporting local communities, and preserving the values that have always defined our banks.”
About Rhineland Bancshares, Inc.
Rhineland Bancshares, Inc. is the holding company for PSB Bank, a community bank dedicated to helping customers, businesses, and communities succeed through local decision-making, personalized service, and strong community ties. Rhineland Bancshares, Inc is headquartered in Hermann, MO.