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Monona Bankshares, Inc., the parent company of Monona State Bank, has finalized their acquisition of MCB Bankshares, the parent company of Middleton Community Bank.

Both Monona State Bank and Middleton Community Bank will continue to run independently until June 12th, 2017, when the two banks are expected to be fully integrated. Monona State Bank President & CEO Paul Hoffmann stated, “With the transaction complete, our bank is now focused on the work necessary to ensure that the integration of our banks is seamless for clients of both banks.”

Mr. Hoffmann believes “this transaction m...