
Bank First is continuing to grow, this time into Western Wisconsin.
The Manitowoc based bank has signed an agreement with Tomah Bancshares Inc. to acquire Timberwood Bank out of Tomah in an all-stock transaction.
Mike Molepske, president and chief executive officer of Bank First said in a news release “The announcement today reinforces our strategic initiative of providing relationship-based community banking throughout the state of Wisconsin.”
President and CEO of Timberwood Bank Kevin Ravenscroft is also excited about the merger, saying that it provides an advanced suite of products to their customers.