The Bank of New Glarus Acquires First National Bank at Darlington

The Bank of New Glarus, a leading community bank headquartered in New Glarus, Wisconsin, is pleased to announce the successful acquisition of First National Bank at Darlington. This strategic step represents a significant milestone for both organizations and reinforces our commitment to growth and excellence in the banking industry. Combined, their bank has offered more than 220 years of serving customers across Green, Dane and Lafayette counties.

Ron Schaaf, President & CEO of The Bank of New Glarus, said, “We are extremely proud to have acquired First National Bank at Darlington. There are many similarities between the banks and this connection will allow us to provide an even greater level of products and services to our local communities.”

Amy Smith, President of First National Bank at Darlington, added, “All of us at First National Bank are excited about the partnership this offers our customers, employees, and the communities we serve. The Bank of New Glarus has an outstanding reputation, and we look forward to expanding our offerings in conjunction with them.”

The definitive agreement was approved by the Boards of Directors of both The Bank of New Glarus and First National Bank at Darlington, and the contract closed Friday, May 31, 2024, following regulatory approval. As a result of the acquisition, the Bank now has offices to serve consumers, small business owners, and farmers in Belleville, Brodhead, Darlington, Gratiot, Juda, Madison-LPO, Monroe, and New Glarus.