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Posted on July 31st, 2010
editor
Bob Wagner of Franklin made a strange discovery recently. He opened a roll of half-dollars from a bank and found that one coin in the roll had been replaced by a dog or cat ID tag, which is a round metal disc about the same size as the coins, according to a column in the Milwaukee Journal Sentinel.
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Posted on July 30th, 2010
editor
Three more community banks in Wisconsin have been ordered by regulators to make improvements in how they operate: Foundations Bank in Pewaukee, West Pointe Bank in Oshkosh and Community First Bank in Rosholt. Read more in the Milwaukee Journal Sentinel.
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Posted on July 30th, 2010
editor
Citizens First Bank, Viroqua, has agreed to pay a $3,185 penalty for violations involving a lack of flood insurance. The FDIC said there were nine instances in which customers obtained loans from the bank for property in a flood hazard area but were not required to get adequate flood insurance, according to the Wisconsin State Journal.
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Posted on July 30th, 2010
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Harris Bank has hired another former M&I Bank executive, Peter Engel, who will serve as Harris’ president of retail banking for the state. Tom Bolger, a former M&I executive who joined Harris Bank previously, has the new title of president of commercial banking for Wisconsin, the Milwaukee Journal Sentinel reported.
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Posted on July 30th, 2010
editor
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Posted on July 29th, 2010
editor
An annual survey by U.S. Bank found that 86 percent of Milwaukee-area small business owners believe the U.S. economy is still in a recession, compared with 89 percent of small-business owners nationwide. Just more than half of local business owners expect to see an improvement in sales in 2011. Read more in the Milwaukee Journal Sentinel.
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Posted on July 28th, 2010
editor
AnchorBank announced that the sale of its four Green Bay area branches to Nicolet National Bank is complete following the conversion of accounts over the weekend. The branches are in Ashwaubenon, Howard, De Pere and Bellevue, the Green Bay Press-Gazette reported.
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Posted on July 28th, 2010
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Chicago-based Bankers Life and Casualty Co. will forfeit $1.5 million and offer a restitution program to 5,700 Wisconsin residents — most of them seniors — to settle an investigation into alleged unsuitable annuity sales and do-not-call list and home solicitation violations, the Milwaukee Journal Sentinel reported.
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Posted on July 27th, 2010
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Kenneth Hamberger of Green Bay, who worked for Citizens Community Bank in Eau Claire for 15 years, has reached a plea agreement on charges of embezzling $22,000 from his former employer, according to WQOW Channel 18 in Eau Claire.
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Posted on July 26th, 2010
editor
Beloit-based Blackhawk Bancorp Inc. increased earnings 28 percent in the second quarter as net interest income grew and the firm focused on expense control, according to the company. The parent company of Blackhawk Bank posted a profit of $664,000, or 23 cents a share, compared with $519,000, or 17 cents, in the second quarter of 2009, the Milwaukee Journal Sentinel reported.
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