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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Anchor Bank Holding On Despite Losses
Posted on November 6th, 2009 No commentsAfter an impressive decade of growth built on a soaring real estate development market, Anchor BancCorp. Wisconsin — which counts 74 branches statewide and nearly 1,000 employees — posted a $228.3 million loss for the fiscal year ending March 31 after several large commercial loans went bust. “One question locally is whether Madison’s largest financial institution can dig itself out of a deep hole,” The Capital Times wrote.
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