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Spring Bank Moves into New Building in Brookfield
Posted on November 25th, 2009 No commentsSpring Bank has moved into its new Brookfield, Wis., building, more than doubling its office space since it opened in August 2008. “We’re growing faster than anticipated,” Spring Bank President and CEO David Schuelke said. The bank also announced that Ken J. Madison has joined the bank as senior commercial credit analyst. Read the full news release in Brookfield Now.
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U.S. Bank to Sell Three Texas Banks
Posted on November 25th, 2009 No commentsMinneapolis-based U.S. Bank plans to sell three Texas banks that have five branches and $701 million in assets, which were acquired along with six other banks in California, Illinois and Arizona, the Business Journal reported.
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S&P Lowers Associated’s Credit Rating
Posted on November 25th, 2009 No commentsStandard & Poor’s Ratings Services, citing concerns with Green Bay, Wis.-based Associated Banc-Corp.’s loan portfolio, downgraded its counterparty credit ratings on Associated Banc-Corp. and lowered counterparty credit ratings on Associated Bank N.A., according to the Milwaukee Business Journal.