Wisconsin Banking Update
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WBA, CBW Issue Release on Bank Closing
Posted on October 26th, 2009 No comments“The entire Wisconsin banking community is pleased that the banking regulatory system worked as designed last Friday when the Department of Financial Institutions closed Bank of Elmwood, Racine. Importantly, depositors were protected as there was a seamless transition to Tri City National Bank of Oak Creek. Wisconsin’s banking community expresses its support to the affected employees, directors and shareholders of the Bank of Elmwood,” reads a joint news release from the Wisconsin Bankers Association and the Community Bankers of Wisconsin on WisBusiness.com.
News updates Bank closings, Community Bankers of Wisconsin, Regulatory actions, Wisconsin Bankers Association, Wisconsin Department of Financial InstitutionsLeave a reply