Wisconsin Banking Update
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Anchor BanCorp Restates Quarterly Loss
Posted on September 11th, 2009 No commentsAnchor BanCorp Wisconsin Inc. is restating its most recent quarterly results to report a loss of $65 million to $75 million. The parent company of Anchor Bank, Madison, said the loss grew as it reclassified some of its delinquent loans and re-evaluated how much money to add to reserves to cover bad loans. Read the Milwaukee Journal Sentinel article.
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