Dupaco Area Credit Commitment acquires property, takes on liabilities of Domestic Coupons Bank

Dupaco Area Credit Commitment acquires property, takes on liabilities of Domestic Coupons Bank

DUBUQUE, Iowa, and you will MADISON, Wis.-Dupaco Community Borrowing from the bank Connection will boost service so you can the growing subscription within the southwest and you can main Wisconsin once finishing the acquisition of one’s possessions and expectation of your debts regarding Domestic Coupons Financial, a wholly-owned part out-of Home Bancorp Wisconsin, Inc. Household Savings Bank usually today begin the procedure of liquidating pursuant to help you Wisconsin laws. Following liquidation off Household Discounts Lender, Domestic Bancorp will melt pursuant in order to Maryland business rules and you can dispersed their kept property to help you the stockholders.

The order have a tendency to expand Dupaco’s Wisconsin part work environment footprint in order to Dane County, with the addition of a few offices in Madison, Wis. The mixture will result in a rise in Dupaco’s subscription to help you almost 149,one hundred thousand and you will resource feet in order to everything $dos.nine billion. Continue reading “Dupaco Area Credit Commitment acquires property, takes on liabilities of Domestic Coupons Bank”