F&M Bancorp. is expanding its presence in southwestern Wisconsin with plans to buy a $20 million-asset bank.

Kaukauna-based F&M, which has $1.6 billion of assets, has agreed to buy Bank of South Wayne in a stock swap deal. Bank officials refused to disclose terms of the deal.

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.