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Wausau Bank Buys Mortgage Firm
Posted on July 17th, 2009 No commentsRiver Valley Bank of Wausau has acquired Home Loan Consultants in De Pere and changed its name to River Valley Mortgage, the Green Bay Press-Gazette reported.
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Blackhawk Reports Lower Profits
Posted on July 17th, 2009 No commentsBeloit-based Blackhawk Bancorp Inc. had net income for the second quarter of $519,000, down 36 percent from $812,000 in the same quarter last year, the Business Journal of Milwaukee reported.
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Credit Card Scam Attempt Reported
Posted on July 17th, 2009 No commentsThe Madison police reported a financial scam attempt, in which a woman received a call claiming to reduce the interest rate on her Chase or Capital One credit card. The caller asked the Madison woman to confirm her address and to provide her credit card number. Read The Capital Times article.
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U.S. Bancorp Ends TARP Participation
Posted on July 17th, 2009 No commentsThe Minneapolis-based parent company of U.S. Bank paid $139 million to buy back a 10-year warrant that entitled the Treasury Department to purchase 32.7 million shares of U.S. Bancorp stock for $30.29 per share, thus ending the bank’s participation in TARP, according to the Wisconsin State Journal.
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M&I Reports $139.3M Loss
Posted on July 17th, 2009 No commentsMarshall & Ilsley Corp. lost $139.3 million in the second quarter as loans related to construction and development continued to deteriorate. Read the Milwaukee Journal Sentinel article.