Fargo, N.D.-based Bell Bank Mortgage is moving into Wisconsin by acquiring Assured Mortgage in Brookfield.
Assured Mortgage, in business for over 30 years with 4 offices around the Milwaukee market, will bring its nearly 30-person lending team to Bell Bank Mortgage.
“We are thrilled to join forces with a highly-respected and talented team of professionals at Assured Mortgage,” said Tony Weick, president of Bell Bank Mortgage. “The Milwaukee market is also an attractive strategic fit for our regional growth, but more importantly, our shared culture and philosophy of providing exceptional integrity-driven service makes this venture a great fit for both companies.”
Assured Mortgage will remain in business while in-process loans are completed, and its team will then officially merge with Bell on Oct. 1. The branch will maintain its management team, with Jeff Laitsch as the Wisconsin area manager and Donna Gagnon as the Wisconsin area operations manager.
“This is a great fit for the Assured Mortgage and Bell Bank Mortgage teams,” Laitsch said. “We are all about doing what’s best for our customers, and becoming part of the Bell family will allow us to offer even more loan options to fit what our customers are looking for.”
Minnesota’s Bell Mortgage merged with Fargo-based State Bank & Trust in 2011, and the organization took on the Bell Bank name in 2012.