Greenwoods Financial Group in Lake Mills, Wis., has agreed to buy Fox River Financial in Burlington, Wis.
The $178 million-asset Greenwoods did not disclose the price it will pay for the $92 million-asset Fox River.
Greenwoods will have seven branches in southcentral and southeastern Wisconsin when the deal closes.
“We are very excited to team up with Fox River,” Bill McDonald, Greenwoods’ president and CEO said in a Monday press release.
Read more in American Banker.