Monona Bankshares, Inc., the holding company for Monona State Bank, has announced that it is expanding its bank and team of bankers by acquiring the holding company for Middleton Community Bank. It will merge the two banks under the name Monona State Bank.

“This merger makes sense because both banks are locally owned and focused on their communities,” Monona State Bank President and CEO Paul Hoffmann said. “We’ve always believed that there is ‘strength in neighbors.’  We look forward to joining together to offer more services to all of our customers.”

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