Corporate Matters

Informal exchange leads to deal for Wisconsin banks

     Wisconsin’s State Bank of Cross Plains, based on the west side of the Madison area, has completed its purchase of Black Earth State Bank. Founded in 1904, Black Earth has $45 million in assets and one office that will stay open under the State Bank name. All employees will be retained. State Bank comes out of the deal with 10 locations and $771 million in assets. Its president, Jan Hogan, said the diverse and resilient Madison market has kept the . . .

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