Another community bank agrees to sell to a credit union
Superior Choice Credit Union in Superior, Wis., will purchase Dairyland State Bank. It is the second deal announced this year where a credit union plans to buy a bank. ... Read full article
News Topic: Wisconsin
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Fed approves change-in-control application against wishes of Minn. bank
The Fed approved an application giving Natcom Bancshares indirect control over Republic Bank, refusing to take into account claims the transaction imperils the target's S corporation status. ... Read full article
A new CEO for Johnson Financial in Wis.
Jim Popp, formerly of JPMorgan Chase, will become CEO of Johnson Financial Group in Racine at yearend. He will succeed the retiring Jim Bolger. ... Read full article
First American to buy Southport Financial
The cash acquisition allows First American to expand its operations in Kenosha, Wis. ... Read full article
Associated to buy Chicago-area wealth management firm
Associated's agreement to buy Whitness & Co. comes just weeks after the company lined up its first bank deal since the financial crisis. ... Read full article
Associated plans to close 36 branches when it buys Bank Mutual
The Wisconsin company plans to shutter half of Bank Mutual's branches, including seven in Milwaukee. ... Read full article
The wisdom in being an open-minded buyer or seller — or both
Bank Mutual was still in talks to buy a bank roughly its own size when it began exploring a sale. The move allowed Bank Mutual to quickly find a buyer after its planned acquisition fell through. ... Read full article
Bankers frustrated with Chicago market take business elsewhere
Rising taxes, declining population and the political landscape in Illinois have led several bankers to put more money and resources into nearby states. ... Read full article
Associated to buy Bank Mutual in merger of large Wisconsin banks
The $482 million deal would be Associated's first bank acquisition since June 2007. ... Read full article
Bank First to expand Wisconsin operations with latest acquisition
Bank First has agreed to pay $76 million in cash and stock for Waupaca Bancorp. The company should have nearly $1.8 billion in assets when it completes the deal. ... Read full article
Guaranty Bank collapse marks second failure in two weeks
Guaranty Bank & Trust in Milwaukee was shut down by federal regulators Friday, just a week after one of the costliest failures since the crisis. ... Read full article
Bank Mutual in Wisconsin plans to shed 10% of its branches
The company will sell five branches in Wisconsin to an unnamed buyer. It also plans to close two locations. ... Read full article
Citizens Community in Wis. to buy Wells Financial in Minn.
Citizens will pay about $40 million in cash and stock for the $269 million-asset Wells in a deal set to close in the third quarter. ... Read full article
Ex-JPM regional exec to join Wis. community bank
Johnson Bank in Racine, Wis., has hired the head of JPMorgan Chase’s Wisconsin-Minnesota market as its president. ... Read full article
First Business in Wis. to consolidate bank charters
First Business in Wis. to consolidate bank charters- ... Read full article
Credit union to buy Peoples Bank in Wisconsin
Advia Credit Union in Parchment, Mich., has agreed to buy Peoples Bank in Elkhorn, Wis. ... Read full article
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