State Coverage: Wisconsin
Wisconsin Credit Union to Buy 11 AnchorBank Sites
American Banker | Nov 18In 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 26Failures 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 22CIB 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 20Nearly 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 13The 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 06With 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 17Guaranty 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 19Foreclosures 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 13Anchor 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 11Hiawatha 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 10Anchor 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 27North 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 20Natcom Bancshares in Superior, Wis., said it has agreed to buy Superior Bancorp.
Spencer Backed in Seidman Case
American Banker | May 30Five 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 11Continuing its in-store branching strategy, Citizens Community of Eau Claire, Wis., is buying three branches in Wal-Mart Supercenter stores from American National Bank.