2024 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 cancelations, and Universal Bank certifications completed in 2024.



Bank Structure Changes as of January 31, 2024

Branch Established

  • ​​AbbyBank, Abbotsford, Wisconsin, established a branch at N14570 County Road O, Withee, Wisconsin, effective January 3, 2024.
  • Marathon Bank, Wausau, Wisconsin, established a branch at 19105 West Capital Drive, Brookfield, Wisconsin, effective January 22, 2024.​

Bank Structure Changes as of February 29, 2024

Branch Closing

  • Horicon Bank, Horicon, Wisconsin, closed its branch at 1188 W. Fond du Lac Street, Ripon, Wisconsin, effective February 24, 2024.​

Branch Established

  • ​​IncredibleBank, Wausau, Wisconsin, established a branch at 2512 Skyline Blvd., Cape Coral, Florida, effective February 1, 2024.
  • WoodTrust Bank, Wisconsin Rapids, Wisconsin, established a branch at 5987 County Highway W, Manitowish Waters, Wisconsin, effective February 5, 2024.
  • Farmers & Merchants State Bank, Waterloo, Wisconsin, established a branch at 550 W. Tyranena Park Road, Lake Mills, Wisconsin, effective February 9, 2024.
  • Peoples State Bank, Prairie du Chien, Wisconsin, established a branch at 154 Main Street, McGregor, Iowa, following the purchase of substantially all the assets and assumption of deposit liabilities of Interstate Federal Savings and Loan, McGregor, Iowa, effective February 22, 2024.

Branch Relocati​​​on​​

  • Mound City Bank, Platteville, Wisconsin, relocated its branch from 200 S. Main Street, Cuba City, Wisconsin, to 117 W. Webster Street, Cuba City, Wisconsin, effective February 20, 2024.

Loan Production Office Established​​

  • Peoples State Bank, Wausau, Wisconsin, established a loan production office at 602 Pleasant Oak Drive, Suite E, Oregon, Wisconsin, effective February 1, 2024.​​​

Bank Structure Changes as of March 31, 2024

​Branch Closing

  • ​​Provident Trust Company, Pewaukee, Wisconsin, closed its branch at 2901 W. Beltline Highway, Madison, Wisconsin, effective March 31, 2024.

Branch Established

  • One Community Bank, Oregon, Wisconsin, established a branch at 1565 Landmark Drive, Cottage Grove, Wisconsin, effective March 29, 2024.

Branch Relocation

  • North Shore Bank, Brookfield, Wisconsin, relocated its branch from 8701 S. Howell Avenue, Oak Creek, Wisconsin, to 200 W. Drexel Avenue, Oak Creek, Wisconsin, effective March 4, 2024.


Bank Structure Changes as of April 30, 2024

Branch Relocation

  • Bank of Milton, Milton, Wisconsin, relocated its branch from 102 N. Main Street, Edgerton, Wisconsin, to 111 N. Main Street, Edgerton, Wisconsin, effective April 3, 2024.​​​​

Bank Structure Changes as of May 31, 2024​​

Acquisition by Bank Holding Company​​

  • ​​​​​​​​​​​​​Multi-Bank Services, Ltd., Southfield, Michigan, acquired 100% of Florence Bancorporation, Inc., Florence, Wisconsin, effective May 1, 2024.
  • Bancorp of New Glarus, Inc., New Glarus, Wisconsin, acquired 100% of First National Bank at Darlington, Darlington, Wisconsin, through the merger of First National Bank at Darlington and Darlington Interim Bank, New Glarus, Wisconsin, under the charter of First National Bank at Darlington, effective May 31, 2024.

Branch Established​

  • ​Forward Ban​k, Marshfield, Wisconsin, established a branch at 201 E. Marion Street, Lake City, Minnesota, the former main office of Lake City Federal Bank, Lake City, Minnesota, effective May 3, 2024.
  • Johnson Bank, Racine, Wisconsin, established a branch at 4319 West National Avenue, West Milwaukee, Wisconsin, effective May 15, 2024.
  • The Bank of New Glarus, New Glarus, Wisconsin, established branches at 245 Main Street, Darlington, Wisconsin, and 5800 Phillips Street, Gratiot, Wisconsin, the former main office and branch location of First National Bank at Darlington, Darlington, Wisconsin, effective May 31, 2024.

Loan Production Office Established

  • Bank Five Nine, Oconomowoc, Wisconsin, established a loan production office at 400 N. Pine Street, Burlington, Wisconsin, effective May 3, 2024.

​​Merger

  • ​Forward Bank, Marshfield, Wisconsin, merged with Lake City Federal Bank, Lake City, Minnesota, effective at the close of business May 3, 2024.
  • The Bank of New Glarus, New Glarus, Wisconsin, merged with First National Bank at Darlington, Darlington, Wisconsin, effective May 31, 2024.


Bank Structure Changes as of June 30, 2024​​

​​Branch Established ​

  • ​​Peoples State Bank, Wausau, Wisconsin, established a branch at 790 North Jefferson Street, Milwaukee, Wisconsin, effective June 24, 2024.​


Bank Structure Changes as of July 31, 2024



Bank Structure Changes as of August 31, 2024



Bank Structure Changes as of September 30, 2024



Bank Structure Changes as of October 31, 2024



Bank Structure Changes as of November 30, 2024



Bank Structure Changes as of December 31, 2024




Contact Us

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