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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Wisconsin SBA Lending Doubles Year to Year
Posted on January 8th, 2010 No commentsThe U.S. Small Business Administration guaranteed $46 million worth of loans in Wisconsin in December 2009, up from $21 million in December 2008, the Milwaukee Journal Sentinel reported. The largest lender was the Wisconsin Business Development Finance Corp. at $7.1 million. Green Bay’s Associated Bank wrote the most loans last month, with 19 totaling $2.1 million. Read more in the Milwaukee Journal Sentinel.
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Regulators Seek New Exec, Board for CU
Posted on January 8th, 2010 No commentsCudahy, Wis.-based Prime Financial Credit Union could have a new CEO and board in place within the coming months. State regulators shut down the CU on Feb. 27, 2009, for what they described as “a management structure issue,” the Milwaukee State Journal reported.