Wisconsin Banking Update
Providing banking news in Wisconsin that Wisconsin Bankers can use. Keep on top of all the banking issues that are affecting Wisconsin in one place. If you would like to receive these updates by email please subscribe by entering your email address on the right. There is no cost and no obligation.
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Bank Mutual to Repurchase 1M Shares
Posted on November 4th, 2009 No commentsBank Mutual Corp. of Brown Deer, Wis., said that its board has approved the repurchase of 1 million more shares of the company’s common stock, or about 2.2 percent of the bank’s outstanding shares, according to the Business Journal of Milwaukee.
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Foreclosures Keep Rising Amid Layoffs
Posted on November 4th, 2009 No commentsForeclosures through the end of October already have topped the record for last year, driven more now by job loss than subprime mortage defaults. The experts say the foreclosures aren’t likely to slow down until companies begin hiring again, the Milwaukee Journal Sentinel reported.