-
WaterStone Bank Posts $3.6M Loss
Posted on May 8th, 2009 No commentsThe parent company of WaterStone Bank (the former Wauwatosa Savings Bank) posted a $3.6 million loss in the first quarter as it beefed up reserves to cover potentially bad loans, the Milwaukee Journal Sentinel reported. A story in the Business Journal of Milwaukee covered the bank’s annual shareholder meeting.
-
Horicon Signs on for CPP Funds
Posted on May 8th, 2009 No commentsSword Financial Corp., the parent company of Horicon Bank, will become the 14th Wisconsin-based banking company to receive a capital infusion from the federal government through the Capital Purchase Program, according to the Milwaukee Journal Sentinel.
-
Report Questions TALF Program
Posted on May 8th, 2009 No commentsThe Congressional Oversight Panel “found compelling reports of slowed lending at its recent field hearing in Milwaukee,” according to its a just-published 172-page report. Much of it focused on the Term Asset-Backed Securities Loan Facility (TALF) program, the Milwaukee Journal Sentinel reported.
-
Rough Road for Some Wisconsin Banks
Posted on May 8th, 2009 No commentsA look at Wisconsin’s banking industry reveals some troubling news as well as some diamonds in the rough. Read the Corporate Report Wisconsin article.