Wisconsin Banking Update
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Bank Cites Participations as Trouble Spot
Posted on January 19th, 2010 No commentsJerry O’Connor, president of National Bank of Waupun, says his financial institution has a sound capital base and remains strong. The bank, which recently entered into an agreement with the OCC, lost $429,000 in the first nine months of 2009. Connor cited loan participations, not local loans, as the problem. Read more in the Fond du Lac Reporter.
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