On August 23, 2022, East Wisconsin Savings Bank, Kaukauna, Wisconsin, announced the signing of a definitive agreement with Lake City Federal Bank, Lake City, Minnesota, pursuant to which East Wisconsin will acquire Lake City through a merger between the two mutually owned organizations. Following the completion of the transaction, East Wisconsin will remain 100% mutually owned.
East Wisconsin is a Wisconsin-chartered savings bank organized in the mutual holding company structure with six full-service banking offices located in Kaukauna, Little Chute, Appleton, Freedom, Kimberly and Grand Chute, Wisconsin.
Lake City is a federally chartered mutual savings bank operating from its full-service banking office in Lake City, Minnesota.
Luse Gorman has acted as counsel on more than 100 bank M&A transactions during the past five years and more bank M&A transactions than any other law firm in the nation over the past 20 years. To learn more about our mergers and acquisitions practice, please visit our website.