RHINELANDER - Northwoods National Bank customers will start using a new bank soon.
Peoples State Bank will buy Northwoods National.
The group will buy all of Northwoods' assets, active loans and deposits.
Bank leaders say the transition should be easy for Northwoods customers.
"The transition from being part of Northwoods to now being part of Peoples State Bank is going to be very seamless because we've got the same type of data system both banks are working off of presently," said Tom Knudsen, Peoples Northern Region President.
Northwoods' customers will get the same statements from Peoples State.
Peoples State will also buy the Northwoods' building on Lincoln Street.
That means Rhinelander will have two peoples state bank locations.
"They'll be able to bank in Minocqua, Eagle River and Rhinelander so hopefully that will help provide conveniences for them because I know they have a lot of customer base that is outside of the city of Rhinelander. So that's going to be a real plus," said Knudsen.
The merger is expected to be approved by March.
Peoples State Bank has been in Rhinelander since 1998.
GREEN BAY - Prosecutors have charged a 26-year-old man accused of fatally stabbing his ex-girlfriend and her mother and injuring a third person in the Green Bay area.
Jacob Cayer of Ashwaubenon was charged Friday with two counts of first-degree intentional homicide. WLUK-TV reports Cayer also is charged with attempted first-degree intentional homicide, burglary, and bail jumping.
WAUSAU - Police in Wausau expect to forward forgery charges to the Marathon County District Attorney against four people after finding counterfeit money in the area.
Patrick J. Eppolite Jr., 22; Michael A. Beck, 27; Jeremy J. Hess, 36; and Amanda M. Bender, 32, are currently in jail on probation holds, but investigators believe they're connected to some counterfeit $20 bills in the area, according to the Wausau Police Department.
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