2019 Changes in Bank Structure

​​The report below provides a list of acquisitions, mergers, branch changes, name changes, charter conversions, main office relocations, new bank charters, charter cancellations, and Universal Bank certifications completed in 2019.

Bank Structure Changes as of January 31, 2019

Branch Acquired and Established

  • Town Bank, Hartland, Wisconsin, established a branch at 1605 W. Mitchell Street, Milwaukee, Wisconsin, formerly a branch of PyraMax Bank, FSB, Greenfield, Wisconsin, effective January 4, 2019.

Branch Closing

  • Premier Bank, Fort Atkinson, Wisconsin, closed its branch at 1491 S. Main Street, Jefferson, Wisconsin, effective January 18, 2019.
  • Security Financial Bank, Durand, Wisconsin, closed its branch at 400 W 9th Street, Ladysmith, Wisconsin, effective January 31, 2019.

Branch Established

  • Hometown Bank, Fond du Lac, Wisconsin, established branches at 105 S. Main Street, Poynette, Wisconsin, W10901 West Lake Point Drive, Lodi, Wisconsin, 512 South Main Street, Pardeeville, Wisconsin, and 221 W. Main Street, Cambridge, Wisconsin, the former main office and branch locations of United Community Bank, effective at the close of business on January 25, 2019.

Merger and Charter Cancellation

  • Hometown Bank, Fond du Lac, Wisconsin, merged with United Community Bank, Poynette, Wisconsin, with the charter of United Community Bank being cancelled effective at the close of business on January 25, 2019.

Bank Structure Changes as of February 28, 2019

Branch Closing

  • Laona State Bank, Laona, Wisconsin, closed its branch at Twin Pines Road, Lakewood, Wisconsin, effective February 16, 2019.
  • Wisconsin Bank & Trust, Madison, Wisconsin, closed its branches at 274 Osthoff Avenue, Elkhart Lake, Wisconsin, and 1265 East Chestnut Street, Chilton, Wisconsin, as a result of the transfer of the branches to National Exchange Bank & Trust, Fond du Lac, Wisconsin, effective February 22, 2019.

Branch Established

  • Unity Bank, Augusta, Wisconsin, established branches at 1180 West 4th Street, Rush City, Minnesota, 210 Main Avenue S, Red Lake Falls, Minnesota, 112 West Main Street, Clarissa, Minnesota, 15 East Main Street, Crosby, Minnesota, 7101 Washington Avenue, Edina, Minnesota, 8100 Highwood Drive, Bloomington, Minnesota, 26171 Highway 27, Pierz, Minnesota, 1217 Highway 10 S, Motley, Minnesota, 602 NE 4th Street, Staples, Minnesota, and 209 Garfield Avenue, Mentor, Minnesota, the former main offices and branch locations of Unity Bank, Rush City, Minnesota, and Unity Bank North, effective at the close of business on February 22, 2019.

Branch Relocation

  • Citizens Bank, Mukwonago, Wisconsin, relocated its branch from W307 S4821 Highway 83, Mukwonago, Wisconsin, to W307 S4823 Highway 83, Mukwonago, Wisconsin, effective February 25, 2019.
  • Royal Bank, Elroy, Wisconsin, relocated its branch from 205 W. Maple Street, Lancaster, Wisconsin, to 142 Highway 61 N, Lancaster, Wisconsin, effective February 27, 2019.

Loan Production Office Established

  • Great North Bank, Florence, Wisconsin, established a loan production office at 220 West Washington Street, Marquette, Michigan, effective February 1, 2019.

Merger

  • Unity Bank, Augusta, Wisconsin, merged with Unity Bank, Rush City, Minnesota, and Unity Bank North, Red Lake Falls, Minnesota, under the charter of Unity Bank, Augusta, Wisconsin, effective at the close of business on February 22, 2019.

Bank Structure Changes as of March 31, 2019

Branch Closing

  • Community First Bank, Boscobel, Wisconsin, closed its branch at 1800 Progressive Parkway, Platteville, Wisconsin, effective March 1, 2019.

Bank Structure Changes as of April 30, 2019

Branch Closing

  • First State Bank, New London, Wisconsin, closed its branch at W9696 State Road 96, Dale, Wisconsin, effective April 30, 2019.

Branch Established

  • Security Bank, New Auburn, Wisconsin, established a branch at 1923 17th Avenue, Suite #1, Bloomer, Wisconsin, effective April 2, 2019.
  • The Port Washington State Bank, Port Washington, Wisconsin, established a branch at 10509 N. Port Washington Road, Mequon, Wisconsin, effective April 3, 2019.

Branch Relocation

  • McFarland State Bank, McFarland, Wisconsin, relocated its branch from 207 S. Forrest Street, Stoughton, Wisconsin, to 205 East Washington Street, Stoughton, Wisconsin, effective April 1, 2019.

Conversion to State Charter

  • Union National Bank & Trust Company, Sparta, Wisconsin, converted from a national bank to a state chartered bank under the name and location of Union Bank of Sparta, Sparta, Wisconsin, effective April 1, 2019.

Loan Production Office Closing

  • The Greenwood’s State Bank, Lake Mills, Wisconsin, closed its loan production office at 515 North Shore Drive, Hartland, Wisconsin, effective April 26, 2019.

Loan Production Office Established

  • The First Bank of Baldwin, Baldwin, Wisconsin, established a loan production office at 2889 County Highway I, Chippewa Falls, Wisconsin, effective April 1, 2019.

Mutual to Stock Conversion under Mutual Holding Company Structure

  • The Equitable Bank, S.S.B., Wauwatosa, Wisconsin, converted from a mutual savings bank to a stock savings bank under a mutual holding company structure resulting in the formation of TEB MHC (mutual holding company), Wauwatosa, Wisconsin, and TEB Bancorp, Inc. (stock holding company), Wauwatosa, Wisconsin, effective April 30, 2019.  

Bank Structure Changes as of May 31, 2019

Acquisition by Bank Holding Company

  • MidWestOne Financial Group, Inc., Iowa City, Iowa, acquired American Bank & Trust Wisconsin, Cuba City, Wisconsin, effective May 1, 2019.
  • Forward Financial, Inc., Marshfield, Wisconsin, acquired The First National Bank of Park Falls, Park Falls, Wisconsin, effective May 3, 2019.
  • Greenwoods Financial Group, Inc., Lake Mills, Wisconsin, acquired Fox River Financial Corporation, Burlington, Wisconsin, effective May 9, 2019.
  • Brodhead Bancshares, Inc., Brodhead, Wisconsin, acquired 100% of Bank of Brodhead, Brodhead, Wisconsin, through the merger of Bank of Brodhead into New Bank of Brodhead, Brodhead, Wisconsin, and under the charter of Bank of Brodhead, effective May 14, 2019.

Branch Established

  • Forward Bank, Marshfield, Wisconsin, established branches at 110 N. 2nd Avenue, Park Falls, Wisconsin, and 1142 S. 4th Street, Park Falls, Wisconsin, the former main office and branch location of The First National Bank of Park Falls, effective at the close of business on May 3, 2019.
  • The Greenwood’s State Bank, Lake Mills, Wisconsin, established a branch at 3212 Fiddlers Creek Drive, Waukesha, Wisconsin, effective May 6, 2019.
  • Peoples State Bank, Prairie du Chien, Wisconsin, established a branch at 415 West Chestnut Street, Harpers Ferry, Iowa, effective May 8, 2019.
  • The Greenwood’s State Bank, Lake Mills, Wisconsin, established branches at 241 East Jefferson Street, Burlington, Wisconsin, and 500 Interchange N, Suite 105, Lake Geneva, Wisconsin, the former main office and branch location of Fox River State Bank, Burlington, Wisconsin, effective at the close of business on May 17, 2019.

Charter Cancellation

  • The charter of American Bank & Trust Wisconsin, Cuba City, Wisconsin, was cancelled, following the merger of American Bank & Trust Wisconsin with and into MidWestOne Bank, Iowa City, Iowa, effective May 1, 2019.

Loan Production Office Closing

  • First Business Bank, Madison, Wisconsin, closed its loan production office at 6633 Green Bay Road, Kenosha, Wisconsin, effective May 24, 2019.

Merger

  • Forward Bank, Marshfield, Wisconsin, merged with The First National Bank of Park Falls, Park Falls, Wisconsin, effective at the close of business on May 3, 2019.

Merger and Charter Cancellation

  • The Greenwood’s State Bank, Lake Mills, Wisconsin, merged with Fox River State Bank, Burlington, Wisconsin, with the charter of Fox River State Bank being cancelled effective at the close of business on May 17, 2019.

Bank Structure Changes as of June 30, 2019

Acquisition by Bank Holding Company

  • S.B.C.P. Bancorp, Inc., Cross Plains, Wisconsin, acquired Union Bancorp of Evansville, Evansville, Wisconsin, effective June 1, 2019.
  • Sword Financial Corporation, Horicon, Wisconsin, acquired Markesan Bancshares, Inc., Markesan, Wisconsin, effective June 28, 2019.
  • Citizens Community Bancorp, Inc., Eau Claire, Wisconsin, acquired F. & M. Bancorp., Inc., Tomah, Wisconsin, effective June 28, 2019.

Branch Established

  • State Bank of Cross Plains, Cross Plains, Wisconsin, established branches at 2 East Main Street, Evansville, Wisconsin, 121 Fifth Avenue, Belleville, Wisconsin, 210 Commercial Street, Brooklyn, Wisconsin, and 833 North Main Street, Oregon, Wisconsin, the former main office and branch locations of Union Bank & Trust Company, Evansville, Wisconsin, effective June 1, 2019.

Branch Relocation

  • Farmers & Merchants Union Bank, Columbus, Wisconsin, relocated its branch from 405 Jewel Street, Juneau, Wisconsin, to 198 South Western Avenue, Juneau, Wisconsin, effective June 14, 2019.
  • TSB Bank, Lomira, Wisconsin, relocated its branch from 935 Horicon Street, Mayville, Wisconsin, to 1390B Horicon Street, Mayville, Wisconsin, effective June 24, 2019.
  • Fortifi Bank, Berlin, Wisconsin, relocated its branch from 2181 Oneida Street, Suite 2, Green Bay, Wisconsin, to 701 Cormier Road, Green Bay, Wisconsin, effective June 24, 2019.

Loan Production Office Established

  • State Bank of Cross Plains, Cross Plains, Wisconsin, established a loan production office at 1600 N US Highway 14, Unit C, Janesville, Wisconsin, the former loan production office of Union Bank & Trust Company, Evansville, Wisconsin, effective June 1, 2019.

Loan Production Office Relocation

  • First Bank Financial Centre, Oconomowoc, Wisconsin, relocated its loan production office from 3830 S. Moorland Road, New Berlin, Wisconsin, to 2665 S. Moorland Road, Suite 104, New Berlin, Wisconsin, effective June 3, 2019.

Main Office Relocation

  • The Greenwood’s State Bank, Lake Mills, Wisconsin, relocated its main office from 123 North Main Street, Lake Mills, Wisconsin, to 365 West Tyranena Park Road, Lake Mills, Wisconsin, effective June 3, 2019.
  • Home Savings Bank, Madison, Wisconsin, relocated its main office from 2 South Carroll Street, Madison, Wisconsin, to 3762 East Washington Avenue, Madison, Wisconsin, effective June 28, 2019.

Merger and Charter Cancellation

  • State Bank of Cross Plains, Cross Plains, Wisconsin, merged with Union Bank & Trust Company, Evansville, Wisconsin, with the charter of Union Bank & Trust Company being cancelled effective June 1, 2019.

Bank Structure Changes as of July 31, 2019

Acquisition by Bank Holding Company

  • Bank First National Corporation, Manitowoc, Wisconsin, acquired Partnership Community Bancshares, Inc., Cedarburg, Wisconsin, effective at 5:30 PM, July 12, 2019.

Branch Closing

  • State Bank of Cross Plains, Cross Plains, Wisconsin, closed its branch at 744 N. Main Street, Oregon, Wisconsin, effective July 23, 2019.
  • Ixonia Bank, Ixonia, Wisconsin, closed its branch at 3201 Village Square Drive, Hartland, Wisconsin, effective July 26, 2019.

Branch Established

  • Legacy Private Trust Company, Neenah, Wisconsin, established a branch at 10 East Doty Street, Floor 8, Madison, Wisconsin, effective July 1, 2019.
  • Cornerstone Community Bank, Grafton, Wisconsin, established a branch at 1155 E. Commerce Blvd., Slinger, Wisconsin, effective July 1, 2019.
  • Blackhawk Bank, Beloit, Wisconsin, established branches at 3814 Elm Street, McHenry, Illinois, 660 East State Road, Island Lake, Illinois, and 9705 Prairie Ridge Road, Richmond, Illinois, the former main office and branch locations of The First National Bank of McHenry, McHenry, Illinois, effective at the close of business on July 19, 2019.

Charter Cancellation

  • The charter of Farmers & Merchants Bank, Tomah, Wisconsin, was cancelled, following the merger of Farmers & Merchants Bank with and into Citizens Community Federal, National Association, Altoona, Wisconsin, effective July 1, 2019.
  • The charter of Partnership Bank, Cedarburg, Wisconsin, was cancelled following the merger of Partnership Bank with and into Bank First, N.A., Manitowoc, Wisconsin, effective at 5:31 PM, July 12, 2019.

Loan Production Office Relocation

  • Shell Lake State Bank, Shell Lake, Wisconsin, relocated its loan production office from 10584 Main Street, Hayward, Wisconsin, to 15818 Railroad Street, Hayward, Wisconsin, effective July 31, 2019.

Merger

  • Blackhawk Bank, Beloit, Wisconsin, merged with The First National Bank of McHenry, McHenry, Illinois, under the charter of Blackhawk Bank, effective at the close of business on July 19, 2019.

Bank Structure Changes as of August 31, 2019

Branch Closing

  • Wisconsin Bank & Trust, Madison, Wisconsin, closed its branch at 604 N 8th Street, Sheboygan, Wisconsin, effective August 16, 2019.
  • Waukesha State Bank, Waukesha, Wisconsin, closed its branch at 3000 N. Grandview Boulevard, Waukesha, Wisconsin, effective August 30, 2019.

Branch Relocation

  • Laona State Bank, Laona, Wisconsin, relocated its branch from 15290 Highway 32, Lakewood, Wisconsin, to 15570 Highway 32, Lakewood, Wisconsin, effective August 5, 2019.

Change in Name

  • River Valley Bank, Wausau, Wisconsin, changed its name to IncredibleBank, effective August 19, 2019.

Bank Structure Changes as of September 30, 2019

Branch Closing

  • The Farmers State Bank of Waupaca, Waupaca, Wisconsin, closed its branch at N2701 County Road QQ, Waupaca, Wisconsin, effective September 30, 2019.

Branch Established

  • Citizens State Bank, Cadott, Wisconsin, established a branch at 221 Bridge Street, Cornell, Wisconsin, effective September 4, 2019.
  • WaterStone Bank SSB, Wauwatosa, Wisconsin, established a branch at 10296 West National Avenue, West Allis, Wisconsin, effective September 16, 2019.

Change in Name

  • Premier Bank, Fort Atkinson, Wisconsin, changed its name to PremierBank, effective September 26, 2019.

Loan Production Office Established

  • Coulee Bank, La Crosse, Wisconsin, established a loan production office at 14800 Galaxie Avenue, Suite 303, Apple Valley, Minnesota, effective September 30, 2019.

Bank Structure Changes as of October 31, 2019

Acquisition by Bank Holding Company

  • NEB Corporation, Fond du Lac, Wisconsin, acquired National Bancshares Waupun, Inc., Waupun, Wisconsin, effective October 1, 2019.
  • Frandsen Financial Corporation, Arden Hills, Minnesota, acquired Peoples Bank Midwest, Hayward, Wisconsin, effective October 7, 2019.
  • First State Bancshares, Inc., New London, Wisconsin, acquired Pioneer Bancshares, Inc., Auburndale, Wisconsin, effective 1:30 PM October 9, 2019.
  • Brodhead Bancshares, Inc., Brodhead, Wisconsin, acquired 100% of Farmers & Merchants Bank of Orfordville, Orfordville, Wisconsin, through the merger of Farmers & Merchants Bank of Orfordville and Brodhead Interim Bank, Orfordville, Wisconsin, under the charter of Farmers & Merchants Bank of Orfordville, effective at the close of business October 11, 2019.
  • Lake Shore III Corporation, Glenwood City, Wisconsin, acquired First American Bank, National Association, Hudson, Wisconsin, effective October 28, 2019.

Branch Established

  • Horicon Bank, Horicon, Wisconsin, established branches at 84 North Bridge Street, Markesan, Wisconsin, 170 Kienow Drive, Randolph, Wisconsin, 825 North Margaret Street, Markesan, Wisconsin, and 807 West Main Street, Waupun, Wisconsin, the former main office and branch locations of Markesan State Bank, effective at the close of business October 11, 2019.
  • AbbyBank, Abbotsford, Wisconsin, established branches at 801 South Main Street, Gresham, Wisconsin, and 1213 East Green Bay Street, Shawano, Wisconsin, following the purchase of substantially all the assets and assumption of deposit liabilities of State Bank, Gresham, Wisconsin, effective 2:00 P.M. October 25, 2019.

Branch Relocation

  • Fiduciary Partners Trust Company, Appleton, Wisconsin, relocated its branch from 400 North Executive Drive, Suite 105, Brookfield, Wisconsin, to 300 North Corporate Drive, Suite 175, Brookfield, Wisconsin, effective October 14, 2019.
  • Denmark State Bank, Denmark, Wisconsin, relocated its branch from 219 South Main Street, Shawano, Wisconsin, to 835 East Green Bay Street, Shawano, Wisconsin, effective October 21, 2019.
  • Denmark State Bank, Denmark, Wisconsin, relocated its branch from 2450 Velp Avenue, Green Bay, Wisconsin, to 2603 Glendale Avenue, Green Bay, Wisconsin, effective October 21, 2019.

Charter Cancellation

  • The charter of Town Bank, Hartland, Wisconsin, was cancelled, following the conversion of the bank to a national charter, effective 12:01 AM, October 1, 2019.

Loan Production Office Established

  • Farmers & Merchants State Bank, Waterloo, Wisconsin, established a loan production office at 137 South Cross Street, Suite 2D, Oconomowoc, Wisconsin, effective October 10, 2019.

Merger and Charter Cancellation

  • Horicon Bank, Horicon, Wisconsin, merged with Markesan State Bank, Markesan, Wisconsin, under the charter of Horicon Bank, with the charter of Markesan State Bank being cancelled effective at the close of business October 11, 2019.

Voluntary Liquidation and Charter Cancellation

  • State Bank, Gresham, Wisconsin, filed notice with this Division that it will voluntarily liquidate and dissolve following the acquisition of substantially all assets and assumption of deposit liabilities by AbbyBank, Abbotsford, Wisconsin, with the transaction and resultant charter cancellation effective 2:00 P.M. October 25, 2019.

Bank Structure Changes as of November 30, 2019

Acquisition by Bank Holding Company

  • Nicolet Bankshares, Inc., Green Bay, Wisconsin, acquired Choice Bancorp, Inc., Oshkosh, Wisconsin, effective November 8, 2019.

Acquisition by Comapny

  • Time Acquisition Corporation, Medford, Wisconsin, a Wisconsin corporation and subsidiary of Time Federal Savings Bank, Medford, Wisconsin, acquired River Cities Bancshares, Inc., Wisconsin Rapids, Wisconsin, through the merger of Time Acquisition Corporation and River Cities Bancshares, Inc., effective 7:00 A.M. November 1, 2019.

Branch Established

  • Oakwood Bank, Pigeon Falls, Wisconsin, established a branch at 2901 Mall Drive, Eau Claire, Wisconsin, effective November 1, 2019.

Branch Relocation

  • The Park Bank, Madison, Wisconsin, relocated its branch from 2679 Windsor Street, Sun Prairie, Wisconsin, to 110 North Grand Avenue, Sun Prairie, Wisconsin, effective November 18, 2019.

Charter Cancellation

  • The charter of River Cities Bank, Wisconsin Rapids, Wisconsin, was cancelled following the merger of River Cities Bank with and into Time Federal Savings Bank, Medford, Wisconsin, effective 7:00 A.M. November 1, 2019.
  • The charter of Choice Bank, Oshkosh, Wisconsin, was cancelled, following the merger of Choice Bank with and into Nicolet National Bank, Green Bay, Wisconsin, effective November 8, 2019.

Bank Structure Changes as of December 31, 2019

Branch Closing

  • The Portage County Bank, Almond, Wisconsin, closed its branch at 220 West North Lake Street, Hancock, Wisconsin, effective December 6, 2019.
  • Community State Bank, Union Grove, Wisconsin, closed its branch at 201 W. Main Street, Rochester, Wisconsin, effective December 28, 2019.

Branch Established

  • Union Bank of Sparta, Sparta, Wisconsin, established a branch at 1301 Superior Avenue, Tomah, Wisconsin, effective December 9, 2019.
  • WaterStone Bank, SSB, Wauwatosa, Wisconsin, established a branch at 8780 South Howell Avenue, Oak Creek, Wisconsin, effective December 16, 2019.

Conversion to State Charter

  • The First National Bank of Hartford, Hartford, Wisconsin, converted from a national bank to a state chartered bank under the name and location of Forte Bank, Hartford, Wisconsin, effective at the end of business December 27, 2019.


Contact Us

Phone:  (608) 261-7578
Email:  DFIBankingRequests@dfi.wisconsin.gov