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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Bank of Elmwood Must Restore Capital
Posted on July 23rd, 2009 No commentsThe Federal Reserve has asked Bank of Elmwood in Racine to restore capital or sell by the end of August. The order also restricts dividends to shareholders and bonuses to senior officers; and limits interest that can be paid to depositors. Read the Milwaukee Journal Sentinel article.
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