National Exchange Bank & Trust has reached an agreement to acquire two of Wisconsin Bank & Trust’s banking centers in Elkhart Lake and Chilton.

Headquartered in Fond du Lac, National Exchange Bank & Trust has multiple offices throughout southeastern Wisconsin and “more than $1.8 billion in assets,” according to a press release from the organization. 

CEO of National Exchange Bank & Trust Eric Stone said in the release that the Elkhart Lake and Chilton office’s will “be a natural fit with the geographic footprint and culture of National Exchange Bank & Trust” and looks forward to welcoming staff and customers.

Pending regulatory approval, the deal is set to be completed in 2019’s first quarter and will retain all current employees of the banks & trusts. To add drive-up services for customers National Exchange Bank & Trust customers, in Elkhart, National Exchange Bank & Exchange will combine with the current facility of Wisconsin Bank & Trust. In Chilton, the office “will remain open as a National Exchange Bank & Trust office,” according to the press release. 

Read more in the Fond du Lac Reporter.