News submission: First Federal Bank of Wisconsin purchased Mitchell Bank and its holding companies
Effective December 31, 2020, First Federal Bank of Wisconsin, the wholly owned federal savings bank subsidiary of FFBW, Inc., purchased substantially all of the assets and assumed substantially all of the liabilities of Mitchell Bank, a Wisconsin-chartered commercial bank headquartered in Milwaukee, Wisconsin. The transaction was consummated in accordance with the previously reported Purchase and Assumption Agreement, dated as of July 24, 2020, between First Federal Bank of Wisconsin and Mitchell Bank and its holding companies.
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