A Manitowoc-based bank has acquired the parent company of the First National Bank and Trust.
Bank First completed the acquisition of Centre 1 Bancorp Inc. earlier this month as Bank First continues to expand its services to include trust and wealth management.
Customers will now have access to a suite of wealth planning, trust administration, and investment management services.
First National Bank and Trust will continue to operate as a division of Bank First until the planned system conversion in May 2026.
All locations will then transition to the unified Bank First brand and digital banking platform.
The combined organization will operate 38 branch locations across Wisconsin and Illinois, with approximately $6 billion in assets.
Bank First CEO Mike Molepske says the partnership “brings together two long-standing, community-focused institutions committed to responsive, relationship-based banking. Together, we strengthen our ability to serve customers across Wisconsin and the Stateline area of Illinois with greater capabilities and expanded services.”
