Acquisition of Iowa City-based MidWestOne Financial Group by Wisconsin-based Nicolet Bankshares would create one of the largest community banks in Upper Midwest. The proposed merger is expected to close in mid-2026.
Under the Biden plan, the taxpayer loses.
North Liberty-based GreenState Credit Union said it had instituted a reduction in force, effective immediately, that eliminated the positions of 42 employees across the organization.
North Liberty-based GreenState Credit Union, Iowa’s largest credit union, has started GreenState Foundation.
In a further sign of consolidation in the financial sector, Moline, Ill.-based QCR Holdings announced Tuesday it aims to acquire Guaranty Federal Bancshares of Springfield, Mo.
Iowa City-based MidWestOne Financial Group said Monday it plans to acquire Iowa First Bancshares of Muscatine in a deal valued at approximately $47.6 million.
Dubuque-based Dupaco Community Credit Union plans to acquire the assets and liabilities of Home Savings Bank, a wholly owned subsidiary of Home Bancorp Wisconsin.
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