Monona State Bank Merger With Middleton Community Bank Approved

 


Shareholders of MCB Bankshares, the parent company of Middleton Community Bank, voted recently to approve their acquisition by Monona Bankshares, Inc., the parent company of Monona State Bank. This follows the shareholder approval of the acquisition by shareholders of Monona Bankshares last month.

This merger has also already received all of the necessary federal and state financial regulatory approvals needed for the acquisition to move forward. The merger is expected to close on January 3, 2017, with a targeted final integration date for the two Madison-area banks of June 12, 2017.

Mono...



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