The Bank Slate

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Bank of New Glarus in Wisconsin buys First National Bank at Darlington

The Bank of New Glarus in Wisconsin has acquired First National Bank at Darlington in Wisconsin.

The $492 million-asset Bank of New Glarus said in a press release that it bought the $194.2 million-asset First National on May 31. The price wasn’t disclosed.

“We are extremely proud to have acquired First National Bank at Darlington,” Ron Schaaf, Bank of New Glarus’ president and CEO, said in the release.

“There are many similarities between the banks and this connection will allow us to provide an even greater level of products and services to our local communities,” Schaaf added.

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