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Peoples State Bank will buy Northwoods National BankSubmitted: 01/23/2014
Story By Karolina Buczek

Peoples State Bank will buy Northwoods National Bank
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.


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RHINELANDER - A Rhinelander group working to maintain recreational trails in the area got some help in their mission. The Rhinelander Area Silent Trails Association received grants to help fund its various projects.

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For more information on all of RASTA's projects, visit their Facebook page lined below.


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FLORENCE COUNTY - Two high school students died in a car crash early Friday morning in Florence County. The wreck happened at around 6:20 a.m. according to the Florence County Sheriff's Office.

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In a span of six days, at least 17 vehicles were either keyed, had windows bashed in or had stuff stolen from them.

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Last Friday, two vehicles parked at the East High Apartments on Street and Adams Street and three more just down the street were broken into.

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