American Bank in Fond du Lac, Wis., has agreed to buy InvestorsBank in Waukesha, Wis.

American Bank, a unit of NEB Corp., will have more than $450 million in assets when the merger is completed, the Milwaukee Business Journal reported Monday. Financial terms of the deal were not disclosed.

NEB has 27 branches and roughly $1.5 billion in assets in Wisconsin. It also owns National Exchange Bank & Trust in Fond du Lac.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.