2025 Changes in Bank Structure

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​​​​​​​​​​​​​​​​​​​​​​​​​​​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 2025.



Bank Structure Changes as of January 31, 2025

Acquisition by Bank Holding Company

  • Jewel Box Financial Services, Inc., Columbus, Wisconsin, acquired Wisconsin River Bank, Sauk City, Wisconsin, effective 5:00 p.m. January 2, 2025.

Branch Closing

  • Johnson Bank, Racine, Wisconsin, closed its branch at 222 West College Drive, Appleton, Wisconsin, effective January 17, 2025.​

Branch Established

  • ​Farmers & Merchants Union Bank, Columbus, Wisconsin, established branches at 608 Phillips Boulevard, Sauk City, Wisconsin, 1101 N. Parker Drive, Janesville, Wisconsin, and 220 N. Main Street, Lodi, Wisconsin, the former main office and branch locations of Wisconsin River Bank, Sauk City, Wisconsin, effective January 2, 2025.

  • Johnson Bank, Racine, Wisconsin, established a branch at 4120 N. Galaxy Drive, Appleton, Wisconsin, effective January 21, 2025.

Main Office Relocation

  • Lake Ridge Bank, Cross Plains, Wisconsin, relocated its main office from 1205 Main Street, Cross Plains, Wisconsin, to 8301 University Avenue, Middleton, Wisconsin, effective January 6, 2025.​​

Merger and Charter Cancellation

  • Farmers & Merchants Union Bank, Columbus, Wisconsin, merged with Wisconsin River Bank, Sauk City, Wisconsin, with the charter of Wisconsin River Bank being cancelled effective 5:01 p.m. January 2, 2025.​


Bank Structure Changes as of February 28, 2025

​​Branch Closing​

  • East Wisconsin Savings Bank, Kaukauna, Wisconsin, closed its branch at 1501 N. Casaloma Drive, Appleton, Wisconsin, effective February 15, 2025.​

Branch Relocation

  • ​Paper City Savings Bank, S.A., Wisconsin Rapids, Wisconsin, relocated its branch from 2008 County Road HH, Plover, Wisconsin, to 2558 Post Road, Plover, Wisconsin.

Bank Structure Changes as of March 31, 2025

Branch Closing

  • North Shore Bank, Brookfield, Wisconsin, closed its branch at 6906 Green Bay Road, Kenosha, Wisconsin, effective March 21, 2025.

Loan Production Office Established

  • ​Bank Five Nine, Oconomowoc, Wisconsin, established a loan production office at 10527 Northwestern Avenue, Caledonia, Wisconsin, effective March 10, 2025.

Bank Structure Changes as of April 30, 2025

Loan Production Office Established

  • AbbyBank, Abbotsford, Wisconsin, established a loan production office at 480 Pilgrim Way, Suite 1510, Green Bay, Wisconsin, effective April 1, 2025.

Merger of Mutual Holding Company

  • ​Marathon MHC, Wausau, Wisconsin, converted from a mutual to a stock holding company and merged into Marathon Bancorp, Inc., Wausau, Wisconsin, with the certificate of authority of Marathon MHC, being cancelled effective April 21, 2025.


Bank Structure Changes as of May 31, 2025​​

​​​​​Branch Closing​​​

  • Laona State Bank, Laona, Wisconsin, closed its branch at 1784 Superior Street, Three Lakes, Wisconsin, effective May 16, 2025​.

  • River Bank, Stoddard, Wisconsin, closed its branch at W3995 County Highway M, West Salem, Wisconsin, effective May 30, 2025.

Branch Established

  • IncredibleBank, Wausau, Wisconsin, established a branch at 2524 Liberty Park Drive, Cape Coral, Florida, effective May 1, 2025.


Bank Structure Changes as of June 30, 2025​

Loan Production Office Relocation

  • Bank Five Nine, Oconomowoc, Wisconsin, relocated its loan production office from 118 Homestead Drive, #5, New Richmond, Wisconsin, to 539 S Knowles Avenue, New Richmond, Wisconsin, effective June 1, 2025.​

Branch Established

  • Ergo Bank, Markesan, Wisconsin, established a branch at 250 Main Street, Lomira, Wisconsin, effective June 30, 2025.

Branch Relocation

  • North Shore Bank, Brookfield, Wisconsin, relocated its branch from 2215 S. Oneida Street, Ashwaubenon, Wisconsin, to 820 Main Avenue, De Pere, Wisconsin, effective June 23, 2025.


Bank Structure Changes as of July 31, 2025

Acquisition by Bank Holding Company

  • Carr Valley Merger Sub Corp., Madison, Wisconsin, acquired 100% of Greenwoods Financial Group, Inc., Lake Mills, Wisconsin, effective July 15, 2025.

Branch Closing

  • Bank of Sun Prairie, Sun Prairie, Wisconsin, closed its branch at 550 Broadway Drive, Sun Prairie, Wisconsin, effective July 31, 2025.​

Loan Production Office Relocation​

  • Bristol Morgan Bank, Oakfield, Wisconsin, relocated its loan production office from 2212 Omro Road, Oshkosh, Wisconsin, to 2201 Jackson Street, Oshkosh, Wisconsin, effective July 28, 2025.​


Bank Structure Changes as of August 31, 2025

Acquisition by Bank Holding Company

  • ​Bosshard Financial Group, Inc., La Crosse, Wisconsin, acquired Bosshard Banco, Ltd., La Crosse, Wisconsin, effective August 1, 2025.

Branch Established

  • One Community Bank, Oregon, Wisconsin, established branches at 962 Grand Avenue, Schofield, Wisconsin, 2900 Schofield Avenue, Weston, Wisconsin, and 3600 Stewart Avenue, Wausau, Wisconsin, the former main office and branch locations of Intercity State Bank, Schofield, Wisconsin, effective August 1, 2025.

Main Office Relocation

  • ​​​The Greenwood's State Bank, Lake Mills, Wisconsin, relocated its main office from 365 West Tyranena Park Road, Lake Mills, Wisconsin, to 8020 Excelsior Drive, Madison, Wisconsin, effective August 22, 2025.​

Merger and Charter Cancellation

  • ​One Community Bank, Oregon, Wisconsin, merged with Intercity State Bank, with the charter of Intercity State Bank being cancelled, effective immediately prior to the opening of business August 1, 2025.


Bank Structure Changes as of September 30, 2025


Bank Structure Changes as of October 31, 2025


Bank Structure Changes as of November 30, 2025


Bank Structure Changes as of December 31, 2025




Contac​​​​t Us

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