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

Branch Established

  • Forward, Bank, Marshfield, Wisconsin, established a branch at 474 Highway 70, St. Germain, Wisconsin, effective July 24, 2024.


Bank Structure Changes as of August 31, 2024​​

​​​Branch Closing

  • Horicon Bank, Horicon, Wisconsin, closed its branch at 609 North Spring Street, Beaver Dam, Wisconsin, effective August 2, 2024.
  • Horicon Bank, Horicon, Wisconsin, closed its branch at 810 Park Avenue, Beaver Dam, Wisconsin, effective August 2, 2024.

Branch Established

  • ​Collins State Bank, Collins, Wisconsin, converted its loan production office at 810 Cardinal Lane, Hartland, Wisconsin, to a branch, effective August 1, 2024.
  • The Greenwood's State Bank, Lake Mills, Wisconsin, established a branch at 8020 Excelsior Drive, Suite 100, Madison, Wisconsin, effective August 12, 2024.​

Branch Relocation

  • ​​North Shore Bank, Brookfield, Wisconsin, relocated its branch from 10806 N. Port Washington Road, Mequon, Wisconsin, to 11317 N. Port Washington Road, Mequon, Wisconsin, effective August 19, 2024.


Bank Structure Changes as of September 30, 2024​

Acquisition by Bank Holding Company

  • EWSB Bancorp, Inc., Kaukauna, Wisconsin, acquired and merged with Wisconsin Mutual Bancorp, MHC, Kaukauna, Wisconsin, with the certificate of authority of Wisconsin Mutual Bancorp, MHC, being cancelled, effective September 20, 2024.​

Branch Closing

  • Johnson Bank, Racine, Wisconsin, closed its branch at 525 Junction Road, Madison, Wisconsin, effective September 27, 2024.
  • Chippewa Valley Bank, Drummond, Wisconsin, closed its branch at 52485 Wisconsin Avenue, Drummond, Wisconsin, effective September 30, 2024.

  • ​Legacy Private Trust Company, Neenah, Wisconsin, closed its branch at 10 East Doty Street, Floor 8, Madison, Wisconsin, effective September 30, 2024.

Branch Established

  • Johnson Bank, Racine, Wisconsin, established a branch at 448 S. Gammon Road, Madison, Wisconsin, effective September 30, 2024.
Branch Relocation

  • Royal Bank, Elroy, Wisconsin, relocated its branch from 700 E. Blackhawk Avenue, Prairie du Chien, Wisconsin, to 37464 US Highway 18, Prairie du Chien, Wisconsin, effective September 9, 2024.


Bank Structure Changes as of October 31, 2024

Bank Closing

  • ​Horicon Bank, Horicon, Wisconsin, closed its branch at 1155 East Commerce Boulevard, Apt. 101, Slinger, Wisconsin, effective October 1, 2024.

Branch Established

  • State Bank of Reeseville, Reeseville, Wisconsin, established a branch at 138 Corporate Drive, Beaver Dam, Wisconsin, effective October 7, 2024.

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Bank Structure Changes as of November 30, 2024

Branch Established

  • Pillar Bank, Baldwin, Wisconsin, established a branch at 1080 Cornwall Avenue, Amery, Wisconsin, effective November 4, 2024.
  • Forte Bank, Hartford, Wisconsin, established a branch at 555 Wildwood Road, West Bend, Wisconsin, effective November 5, 2024.​​
  • Oostburg State Bank, Oostburg, Wisconsin, established a branch at 1010 Happy Lane, Sheboygan Falls, Wisconsin, effective November 25, 2024.
  • State Bank of Newburg, Newburg, Wisconsin, established a branch at 1400 W. Main Street, West Bend, Wisconsin, effective November 25, 2024.

Branch Relocation

  • ​​Premier Community Bank, Marion, Wisconsin, relocated its branch from 927 E. Main Street, Winneconne, Wisconsin, to 915. E. Main Street, Winneconne, Wisconsin, effective November 11, 2024
  • Legacy Private Trust Company, Neenah, Wisconsin, relocated its branch from 35303 Pabst Road, Oconomowoc, Wisconsin, to 930 Armour Road, Oconomowoc, Wisconsin, effective November 25, 2024.
Voluntary Liquidation and Charter Cancellation

  • ​TSB Bank, Lomira, Wisconsin, filed notice with this Division that it will be voluntarily liquidated and dissolve following the acquisition of substantially all assets and assumption of deposit liabilities by Empeople Credit Union, Moline, Illinois, with the transaction and charter cancellation effective 12:01 A.M. November 1, 2024.


Bank Structure Changes as of December 31, 2024




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

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