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Citizens Community completes acquisition of ANB branches.

Global Banking News-11 August 2008-Citizens Community completes acquisition of ANB branches(C)2008 ENPublishing - http://www.enpublishing.co.uk

Global Banking News - 11 August 2008(c)2005 - Electronic News Publishing - http://www.enpublishing.co.uk

Citizens Community Bancorp Inc (NASDAQ: CZWI), the Eau Claire-based holding company for Citizens Community Federal, has completed its acquisition of three Wal-Mart in-store branches from American National Bank (ANB) of Beaver Dam.

Citizens Community, which agreed to acquire three new Wal-Mart in-store branch locations from ANB last April, has re-opened them as Citizens Community Federal branches. The new Citizens branches are in Appleton, Oshkosh and Fond du Lac.

Additionally, Citizens has recently transitioned stand-alone branches in Black River Falls and Wisconsin Dells to the Wal-Mart Supercenters and opened a new in-store branch at a Wal-Mart Supercenter in Brooklyn Park, Minnesota.

Citizens, which currently has 17 branches in Wisconsin, Minnesota and Michigan, had previously announced that it would be opening a total of 11 Wal-Mart Supercenter branches this year across Minnesota and Wisconsin, said The Business Journal of Milwaukee.

[Editorial queries for this story should be sent to gbn@enpublishing.co.uk]

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Publication:Global Banking News (GBN)
Date:Aug 11, 2008
Words:195
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