Wisconsin Banking Update
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Anchor Sells 11 Branches to Royal CU
Posted on November 16th, 2009 No commentsThe parent company of AnchorBank plans to sell 11 branches in northwest Wisconsin to Royal Credit Union of Eau Claire. Royal will assume about $177 million in deposits and receive a corresponding amount in loans, real estate and other assets. Financial terms of the deal weren’t disclosed, the Milwaukee Journal Sentinel reported.
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