Town Bank acquires a PyraMax branch

//Town Bank acquires a PyraMax branch

Town Bank acquires a PyraMax branch

A branch of PyraMax Bank was acquired by Wintrust Financial Corp. of Rosemont, Ill.  Through its wholly owned subsidiary Town Bank, based in Hartland, Wintrust acquired the PyraMax branch at 1605 W. Mitchell St. in Milwaukee. Town Bank took over about $5 million of deposits, the bank facility and property through the transaction.  Terms of the deal were not disclosed in a news release announcing the move. State real estate records indicate Town Bank paid $800,000 for the property.  Town Bank…

Article by [author-name] (c) Banking & Financial News - Banking & Financial News Headlines | Bizjournals.com - Read full story here.

By | 2019-01-07T22:10:53+00:00 January 7th, 2019|Economics|

About the Author: