Landmark Credit Union in Milwaukee has agreed to buy American National Bank-Fox Cities in Appleton, Wis.
The$7 billion-asset credit union said in a press release that it expects to buy the $419 million-asset bank from parent American National Bancorp in the second half of this year. The price wasn’t disclosed.
“This acquisition represents a meaningful step forward in our commitment to deepen our presence in key Wisconsin markets,” Timothy Mackay, Landmark’s president and CEO, said in the release. The bank “is a business-focused institution that aligns exceptionally with our commercial strategy, while also offering a full suite of consumer products and services.”
ALM First and Honigman advised Landmark. Hovde Group and Boardman & Clark advised American National Bancorp.