2022 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 2022.

Bank Structure Changes as of January 31, 2022

Branch Established

  • Fortifi Bank, Berlin, Wisconsin, established a branch at 420 N. Koeller Street, Oshkosh, Wisconsin, effective January 24, 2022.
Branch Relocation

  • One Community Bank, Oregon, Wisconsin, relocated its branch from 8215 Greenway Blvd., Middleton, Wisconsin, to 1836 Aurora Street, Middleton, Wisconsin, effective January 18, 2022.
Loan Production Office Established

  • Hometown Bank, Fond du Lac, Wisconsin, established a loan production office at 2040 Kohler Memorial Drive, Sheboygan, Wisconsin, effective January 10, 2022.
  • Wisconsin Bank & Trust, Madison, Wisconsin, established a loan production office at 789 N. Water Street, Milwaukee, Wisconsin, effective January 18, 2022.

Bank Structure Changes as of February 28, 2022

Branch Acquired and Established

  • Woodford State Bank, Monroe, Wisconsin, established a branch at 15815 WI Highway 81, Darlington, Wisconsin, formerly a branch of The Greenwood’s State Bank, Lake Mills, Wisconsin, effective February 11, 2022.
Branch Established

  • Horicon Bank, Horicon, Wisconsin, established a branch at 15600 West Cleveland Avenue, New Berlin, Wisconsin, effective February 28, 2022.
Loan Production Office Relocation

  • Bank Five Nine, Oconomowoc, Wisconsin, relocated its loan production office from 7001 30th Avenue, Suite 8, Kenosha, Wisconsin, to 600 52nd Street, Suite 240, Kenosha, Wisconsin, effective February 1, 2022.
Trust Services Branch Established

  • Waukesha State Bank, Waukesha, Wisconsin, established a trust services branch at N16 W23321 Stone Ridge Drive, Pewaukee, Wisconsin, effective February 1, 2022.

Bank Structure Changes as of March 31, 2022

Branch Closing

  • River Bank, Stoddard, Wisconsin, closed its branch at 1103 West Wisconsin Street, Sparta, Wisconsin, effective March 31, 2022.
Branch Established

  • Forward Bank, Marshfield, Wisconsin, established a branch at 450 East Business County Road A, Dorchester, Wisconsin, effective March 22, 2022.

Bank Structure Changes as of April 30, 2022

Branch Established

  • Capitol Bank, Madison, Wisconsin, established a branch at 5427 Eastpark Boulevard, Madison, Wisconsin, effective April 7, 2022.
Branch Relocation

  • First State Bank, New London, Wisconsin, relocated its branch from 31 Park Ridge Drive, Stevens Point, Wisconsin, to 5500 Carrie Frost Drive, Stevens Point, Wisconsin, effective April 11, 2022.
Loan Production Office Closing

  • Farmers & Merchants State Bank, Waterloo, Wisconsin, closed its loan production office at 137 S. Cross Street, Suite 2D, Oconomowoc, Wisconsin, effective April 28, 2022.​​
Sale of Assets and Cancellation of Certificate of Authority

  • Home Savings Bank, Madison, Wisconsin, a state savings bank, entered into an agreement for the sale of all assets and assumption of all deposits and other liabilities by Dupaco Community Credit Union, Dubuque, Iowa. The cancellation of the certificate of authority of Home Savings Bank to operate as a savings bank under Chapter 214, Wisconsin Statutes, became effective on April 30, 2022.

Bank Structure Changes as of May 31, 2022

Branch Closing

  • Wisconsin Bank & Trust, Madison, Wisconsin, closed its branch at 1160 Fond du Lac Avenue, Sheboygan Falls, Wisconsin, effective May 6, 2022.
Branch Established

  • Coulee Bank, La Crosse, Wisconsin, established a branch at 4350 Baker Road, Suite 180, Minnetonka, Minnesota, effective May 1, 2022.
  • Bank of Luxemburg, Luxemburg, Wisconsin, established a branch at 325 Cardinal Lane, Green Bay, Wisconsin, effective May 31, 2022.

Bank Structure Changes as of June 30, 2022

Acquisition by Bank Holding Company

  • Lake Shore III Corporation, Glenwood City, Wisconsin, acquired Headwaters Bancorp, Inc., Land O’ Lakes, Wisconsin, effective June 27, 2022.
Change in Name

  • Tomahawk Community Bank, SSB, Tomahawk, Wisconsin, changed its name to Crossbridge Community Bank, effective June 17, 2022.

Bank Structure Changes as of July 31, 2022

Branch Closing

  • Community Bank of Cameron, Cameron, Wisconsin, closed its branch at 7511 Main Street, Danbury, Wisconsin, effective July 8, 2022.
  • Citizens Bank, Mukwonago, Wisconsin, closed its branches at 841 E. Veterans Way, Mukwonago, Wisconsin; W181 S8540 Lodge Boulevard, Muskego, Wisconsin; and 12455 W. Janesville Road, Muskego, Wisconsin, effective July 31, 2022.
Branch Established

  • Laona State Bank, Laona, Wisconsin, established a branch at 1784 Superior Street, Three Lakes, Wisconsin, effective July 18, 2022.
  • Forward Bank, Marshfield, Wisconsin, established a branch at 1121 State Highway 102, Rib Lake, Wisconsin, effective July 26, 2022.

Bank Structure Changes as of August 31, 2022

Acquisition by Bank Holding Company

  • Bank First Corporation, Manitowoc, Wisconsin, acquired Denmark Bancshares, Inc., Denmark, Wisconsin, effective August 12, 2022.
  • Nicolet Bankshares, Inc., Green Bay, Wisconsin, acquired Charter Bankshares, Eau Claire, Wisconsin, effective August 26, 2022.
Branch Closing

  • Blackhawk Bank, Beloit, Wisconsin, closed its branches at 9705 Prairie Ridge Road, Richmond, Illinois, and 660 East State Road, Island Lake, Illinois, effective August 5, 2022.
  • Hometown Bank, Fond du Lac, Wisconsin, closed its branch at W10901 Lake Point Drive, Lodi, Wisconsin, effective August 19, 2022.
Branch Established

  • Citizens First Bank, Viroqua, Wisconsin, established a branch at 1757 Temte Street, Holmen, Wisconsin, effective August 29, 2022.
Charter Cancellation

  • The charter of Denmark State Bank, Denmark, Wisconsin, was cancelled, following the merger of Denmark State Bank into Bank First, NA, Manitowoc, Wisconsin, effective August 12, 2022.
  • The charter of Charter Bank, Eau Claire, Wisconsin, was cancelled, following the merger of Charter Bank into Nicolet National Bank, Green Bay, Wisconsin, effective August 26, 2022.

Loan Production Office Closing​

  • ​​Peoples State Bank, Wausau, Wisconsin, closed its loan production office at 3233A Business Park Drive Suite 106, Stevens Point, Wisconsin, effective August 31, 2022.​

Bank Structure Changes as of September 30, 2022

Branch Established

  • Bank of Sun Prairie, Sun Prairie, Wisconsin, established a branch in Sun Prairie West High School at 2850 Ironwood Drive, Sun Prairie, Wisconsin, effective September 6, 2022.

Conversion to State Charter

  • North Shore Bank, FSB, Brookfield, Wisconsin, converted from a federally chartered savings bank to a state chartered savings bank under the name North Shore Bank, effective at the close of business September 23, 2022.

Bank Structure Changes as of October 31, 2022

Acquisition by Bank Holding Company

  • Lake Ridge Bancorp, Inc., Cross Plains, Wisconsin, acquired Monona Bankshares, Inc., Monona, Wisconsin, effective October 3, 2022.
Branch Established

  • Premier Community Bank, Marion, Wisconsin, established a branch at 110 West Main Street, Weyauwega, Wisconsin, effective October 13, 2022.
Loan Production Office Closing

  • Hometown Bank, Fond du Lac, Wisconsin, closed its loan production office at 300 North Broadway, Suite 200, Green Bay, Wisconsin, effective October 31, 2022.
Voluntary Liquidation and Charter Cancellation

  • Commerce State Bank, West Bend, 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 Summit Credit Union, Cottage Grove, Wisconsin, with the transaction and charter cancellation effective October 1, 2022.

Bank Structure Changes as of November 30, 2022

Branch Relocation    

  • First Business Bank, Madison, Wisconsin, relocated its branch from 18500 W. Corporate Drive, Brookfield, Wisconsin, to 17335 Golf Parkway, Brookfield, Wisconsin, effective November 14, 2022.
Loan Production Office Established

  • Collins State Bank, Collins, Wisconsin, established a loan production office at 810 Cardinal Lane, Suite 120, Hartland, Wisconsin, effective November 7, 2022.

Bank Structure Changes as of December 31, 2022

Branch Established

  • Cleveland State Bank, Cleveland, Wisconsin, established a branch at 184 N. Lincoln Street, Elkhart Lake, Wisconsin, effective December 5, 2022.

Contact Us

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