Just more than a year after acquiring Wisconsin-based AnchorBank, Old National Bank, Evansville, Ind., has agreed to purchase Anchor Bank, St. Paul, Minn. The acquisition was announced Aug. 8.
Adding the $2.1 billion Anchor Bank will grow Old National to a $17 billion institution. Between entering Wisconsin in September of 2016 and this announced deal bringing Old National to Minnesota in 18 branches, the bank will have added two states to its previous core three of Indiana, Kentucky and Michigan.
“We looked for capital in all the options, from the thought of . . .
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