Through a newly created subsidiary Agrifinancial Canada, Merchant Bank CA Bancorp is in the midst of completing a deal to takeover the operations of Agricard and Agrifinancial.Those properties are operated by Winnipeg based Canadian cooperative Agricultural Financial Services. Brian Leier will be the President and CEO of the new company once the deal is completed. He adds producers will see few changes with operations staying in Winnipeg. Leier adds the aquistion will allow for the development of new services and products aimed at today's larger and more complex farming operations. Specifically he sees the evolution of more specialized services which offer access to the lines of credit needed by today's large scale producer. The deal is worth $89 million.