La Crosse-based credit union to purchase 10 new branches
LA CROSSE, Wis. (WKBT) — Marine Credit Union has entered into an agreement to acquire 10 branches from Old National Bank, based out of Evansville, Indiana.
According to a news release, the purchase includes $274 million in deposits.
The acquired branches are located in Chippewa Falls, Columbus, Dodgeville, Eau Claire, Lancaster, Monroe, New Glarus, Platteville, Prairie du Chien and Stanley.
“We are pleased to partner with Old National, a bank that shares our values, to continue providing excellent service and competitive products to customers in these communities throughout Wisconsin,” said Shawn Hanson, Marine Credit Union CEO.
Hanson continued: “As a mission-focused credit union, we strive to make life better for those around us: our members, our employees and our communities. This acquisition furthers our growth strategy and aligns with our mission. We look forward to welcoming our new employees and new customers as members of Marine Credit Union.”
“Marine Credit Union is a strong client- and community-focused organization, and we are confident that our transitioning associates will do a great job of continuing to serve the needs of their clients and communities as members of the Marine team,” said Old National Region CEO Len Devaisher.
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