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Associated Names New EVP of Commercial Banking
Posted on September 1st, 2009 No commentsAssociated Banc-Corp announced that Mark Sander has been named executive vice president of commercial banking for Green Bay-based Associated Banc-Corp. Most recently, he was the commercial banking executive at Bank of America, the Small Business Times of Milwaukee reported.
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Northern Trust Buys Out of TARP
Posted on September 1st, 2009 No commentsNorthern Trust Corp. announced it repurchased for $87 million the warrant issued to the U.S. Treasury to purchase approximately 3.8 million shares of common stock as part of the Capital Purchase Program of the Troubled Asset Relief Program (TARP), according to the Small Business Times of Milwaukee.
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Wiscor CU Merges with Landmark
Posted on September 1st, 2009 No commentsWiscor Credit Union of West Allis has merged into Landmark Credit Union in New Berlin. Landmark is the state’s second-largest credit union, with 152,000 members, 410 employees and assets of more than $1.3 billion, the Milwaukee Journal Sentinel reported.
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Foreclosures Up 26.5% From August ’08
Posted on September 1st, 2009 No commentsForeclosure filings were down about 12 percent from July, with 2,429 new foreclosure actions in court in August, according to a preliminary count by ForeclosureAlarm.com in Madison. However, the figure represents a 26.5 percent increase in foreclosure filings from August 2008, the Milwaukee Journal Sentinel reported.
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Unbanked Can Pay Bills at Wal-Mart
Posted on September 1st, 2009 No commentsWith technology from Fiserv Inc., Wal-Mart customers can pay utility, phone and other types of monthly bills at the service counter. The service recognizes that some consumers rarely or never use banks and are willing to pay a fee for basic financial services like electronic bill payment, the Milwaukee Journal Sentinel reported.