Greenwoods Financial Group, Inc. announced today the execution of a definitive agreement to acquire Fox River Financial Corporation, of Burlington, Wisconsin, the holding company for Fox River State Bank. The combined company will have approximately $270 million in assets, with seven branches located throughout south central and southeastern Wisconsin.

“We are very excited to team up with Fox River Financial Corporation in this transaction,” said Bill McDonald, President and Chief Executive Officer of Greenwoods Financial Group, and Chief Executive Officer of Greenwoods’ principal s...