Marine CU to Acquire 5 Branches from Bank Mutual on August 25

Marine Credit Union (La Crosse, WI) has received regulatory approval to acquire five Bank Mutual branches through a purchase agreement.

According to the agreement, approximately 3,000 bank customers, along with $52.6 million in deposits and $13.2 million in loans, will be acquired by the credit union.

The acquisition will take place on August 25.

Read the press release.