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American Banker - On Focus and In Depth

Saturday, November 21, 2009, as of 03:54 AM EDT

State Coverage: Wisconsin

Wisconsin Credit Union to Buy 11 AnchorBank Sites

American Banker | Nov 18

In what would be the biggest purchase of bank branches by a credit union, Royal Credit Union said it had agreed to buy 11 offices from the troubled Anchor BanCorp.

Failures in Triple Digits After 7 Banks Fall

American Banker | Oct 26

Failures in 2009 shot past the 100-mark late Friday as regulators swooped into seven community banks in the Midwest and southeast.

Turnaround in Sight for a Struggler

American Banker | Sep 22

CIB Marine in Pewaukee, Wis., is on track to turn more than $110 million of life-threatening debt into an abundance of capital and another shot at selling itself.

Taking a Seldom Traveled Road to Bankruptcy Court

American Banker | Aug 20

Nearly out of capital, CIB Marine Bancshares in Pewaukee, Wis., is pursuing an unusual route for a bank parent: bankruptcy.

Struggling Amcore to Sell Two Branches

American Banker | Aug 13

The capital-strapped Amcore Financial announced Wednesday that it has agreed to sell two of its Wisconsin branches to First National Bank and Trust, in Beloit, Wis.

CIB Marine Offers More Time for Vote

American Banker | Apr 06

With its survival on the line, CIB Marine in Pewaukee, Wis., said it is willing to extend the deadline for investors to vote on a proposed restructuring of its ...

OTS Capital Order for Guaranty of Wisconsin

American Banker | Mar 17

Guaranty Bank in Milwaukee is under pressure to boost its capital. The OTS imposed a cease-and-desist order last week requiring the struggling $1.6 billion-asset thrift ...

Anchor Debt Problem Has Become Dire

American Banker | Feb 19

Foreclosures on banks have been a rarity since the thrift crisis, but Anchor BanCorp in Wisconsin says it is in jeopardy because of a loan it cannot repay.

Anchor Getting Treasury Cash

American Banker | Jan 13

Anchor BanCorp in Madison, Wis., said it has won approval to participate in the Treasury Department's Capital Purchase Program and is slated to receive $110 million.

Hiawatha Bancshares Selling

American Banker | Nov 11

Hiawatha Bancshares of Hager City, Wis., has agreed to sell itself to a two-year-old investment group, Lake Shore Wisconsin of Sheboygan.

Anchor of Wisconsin Swings to Loss on Provision Spike

American Banker | Nov 10

Anchor BanCorp Wisconsin in Madison recorded a third-quarter loss of $23.3 million, or $1.11 a share, compared with earnings of $9.3 million, or 44 cents a share ...

North Dakota Tops Ratio List Again

American Banker | Jun 27

North Dakota has the nation's highest loan-to-deposit ratio for the third straight year, according to data federal regulators released Thursday.

Natcom of Wisconsin Buying Rival

American Banker | Jun 20

Natcom Bancshares in Superior, Wis., said it has agreed to buy Superior Bancorp.

Spencer Backed in Seidman Case

American Banker | May 30

Five banking trade groups are supporting Spencer Savings Bank of Elmwood Park, N.J., in its battle against the well-known activist investor Lawrence B. Seidman.

Citizens in Store Branch Deal

American Banker | Apr 11

Continuing its in-store branching strategy, Citizens Community of Eau Claire, Wis., is buying three branches in Wal-Mart Supercenter stores from American National Bank.