Another M&I Exec Goes to Harris Bank

Bank Collects Shoes for Students

M&I in Wausau Finds Counterfeit Twenties

M&I Again Extends Foreclosure Moratorium

Marshall & Ilsley Corp. has again extended a moratorium on home foreclosures that has been in place since December 2008 – this time through Sept. 30, 2010, The Business Journal of Milwaukee reported.

Developer Sues M&I Over Agreement

Subdivision developer Simon Group is suing M&I Bank over an agreement reached earlier this year that allowed the bank to take back several undeveloped properties to settle 15 foreclosure cases. In the suit, Simon Group alleges that M&I did not follow the conditions of the agreement, according to the Business Journal of Milwaukee.

M&I Wealth Management Continues Growth

The recession took a great toll on Milwaukee-based Marshall & Ilsley Corp., the largest financial institution based in Wisconsin. But while M&I Corp. has dealt with large company-wide losses during the last two years, M&I Wealth Management, saw growth in 2009 that continues this year. Read more in the Milwaukee Small Business Times.

M&I Earns SBA 504 Loan Honors

For the fifth consecutive year, M&I Bank was recognized by the Wisconsin Small Business Administration as the 504 Loan Program Lender of the Year, the Small Business Times of Milwaukee reported.

Paying Off TARP a Priority for M&I

“Step one is get to profitability. We have a pretty good shot by the end of the year. We’ll be close if we’re not. The second step after that is pay off TARP. The third step after that is evaluate what the appropriate level for the dividend should be,” said M&I Bank President & CEO Mark Furlong in a Q&A with the Milwaukee Small Business Times.

M&I, Associated: Poised for Turnaround

Wisconsin’s two largest banks – Associated Bank and M&I Bank – lost a combined $982 million in 2009. The two banks, which employ more than 11,000 people at 660 branches between them, reported loan and lease loss provisions of more than $1.8 billion last year. But the CEOs of both banks believe they will return to profitability by 2011, according to the Small Business Times of Milwaukee.

M&I Reports 7th Year of Checking Growth

M&I Bank marked seven years of consecutive monthly net personal checking account growth, according to a company press release.