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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Three More Banks Under Regulatory Orders
Posted on July 30th, 2010 No commentsThree more community banks in Wisconsin have been ordered by regulators to make improvements in how they operate: Foundations Bank in Pewaukee, West Pointe Bank in Oshkosh and Community First Bank in Rosholt. Read more in the Milwaukee Journal Sentinel. -
Bank Fined Over Flood Insurance Violations
Posted on July 30th, 2010 No commentsCitizens First Bank, Viroqua, has agreed to pay a $3,185 penalty for violations involving a lack of flood insurance. The FDIC said there were nine instances in which customers obtained loans from the bank for property in a flood hazard area but were not required to get adequate flood insurance, according to the Wisconsin State Journal. -
Another M&I Exec Goes to Harris Bank
Posted on July 30th, 2010 No commentsHarris Bank has hired another former M&I Bank executive, Peter Engel, who will serve as Harris’ president of retail banking for the state. Tom Bolger, a former M&I executive who joined Harris Bank previously, has the new title of president of commercial banking for Wisconsin, the Milwaukee Journal Sentinel reported. -
Bank General Counsel Named Schools’ CFO
Posted on July 30th, 2010 No commentsGerald Pace, who has been general counsel at North Milwaukee State Bank for three years, will become the chief financial officer of Milwaukee Public Schools, The Business Journal of Milwaukee reported.