Tuesday, February 20, 2018

Superior Choice CU to Acquire Dairyland State Bank

Superior Choice Credit Union (Superior, WI) has entered into a merger agreement with Dairyland State Bank (Bruce, WI).

Pending regulatory approval, the acquisition will create a combined financial institution that will have more than $480 million in assets. Closing is expected to occur in the third or fourth quarter of 2018.

Superior Choice Credit Union has almost $414 million in assets at the end of 2017. Dairyland State Bank has $78 million in assets.

Going forward, the combined credit union will be called Superior Choice Credit Union.

The terms of the deal were not disclosed.

Read more.
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