Monday, April 23, 2018

Marine CU to Buy 10 Branches and Deposits from Old National Bancorp

Old National Bancorp (Evansville, IN) entered into a branch purchase and assumption agreement for the sale of 10 Old National branches in Wisconsin to Marine Credit Union of La Crosse, Wisconsin.

The branch sale includes the assumption of approximately $274 million in deposits and no loans.

The branches are located in Chippewa Falls, Columbus, Dodgeville, Eau Claire, Lancaster, Monroe, New Glarus, Platteville, Prairie du Chien and Stanley.

Subject to regulatory approval and other terms and conditions, the sale is expected to close in the third quarter of 2018.

Read the story.
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