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Dupaco People Borrowing from the bank Connection acquires assets, takes on liabilities out of Household Discounts Bank

Dupaco People Borrowing from the bank Connection acquires assets, takes on liabilities out of Household Discounts Bank

DUBUQUE, Iowa, and you may MADISON, Wis.-Dupaco People Borrowing from the bank Connection have a tendency to boost solution so you’re able to their expanding registration during the southwestern and you may central Wisconsin immediately following finishing the purchase of one’s possessions and presumption of liabilities out of Household Deals Bank, a wholly-owned subsidiary away from Domestic Bancorp Wisconsin, Inc. Household Offers Lender often today initiate the procedure of liquidating pursuant so you’re able to Wisconsin law. Pursuing the liquidation of Domestic Savings Financial, House Bancorp tend to break down pursuant to help you Maryland business laws and you will dispersed its leftover possessions so you can their stockholders.

The transaction have a tendency to expand Dupaco’s Wisconsin department place of work footprint to help you Dane County, by adding a couple of workplaces in the Madison, Wis. Continue reading “Dupaco People Borrowing from the bank Connection acquires assets, takes on liabilities out of Household Discounts Bank”