Wisconsin Bancorp acquires Mid America Bank
JANESVILLE — Wisconsin Bancorp has acquired Mid America Bank, which has banks in Janesville, Footville and Williams Bay.
Mid America will continue to operate as a full-service community bank, offering comprehensive banking services to residential, commercial, industrial and agricultural customers.
Wisconsin Bancorp is headed by founders Brad Palubicki, David Reddington and James Hazzard.
Palubicki, formerly vice president with Wells Fargo in Milwaukee, will serve as president of the combined organization. Reddington, formerly of PHH Mortgage, Associated Bank and Wells Fargo, will serve as senior vice president. Hazzard, formerly of Mid America Bank, Bank of Wisconsin and Associated Bank, will be the chief executive officer.
The bank intends to expand its market penetration, products and services.
Mid America’s main office will remain in Janesville.
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Aug 30, 2008 at 10:09 a.m.
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They may be expanding marketing and products but it's hard to expand services to it's customers when they decide to close the lobbies on saturdays! Just what I want to do, wait in the drive thru for a half an hour behind the people that normally go inside with their coffee can full of coins, and 10 deposits into their checking and savings. These big city bankers will soon find out that the big city ways won't work in small town USA when people pull their money to go to banks that are open to the customers that saturdays are their only days to run their errends, which would be every bank in the area but them.
Aug 30, 2008 at 1:53 a.m.
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I'm guessing that Mid America Bank will keep its name. Interestingly, Wisconsin Bancorp has no other holdings (nor a website).
http://cassidi.stlouisfed.org/institutio...
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