Loading
Search
NEWS STORIES

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.


Text Size: + Increase | Decrease -
| Print Story | Email Story
Sponsored in part by HodagSports.com





 IN OTHER NEWS

Play Video

MERRILL - A Northwoods group that supports victims of domestic abuse or sexual assault took the time to thank those whose support makes the program possible. HAVEN (Household Abuse Victims Emergency Network) hosted an open house on Friday in Merrill. 

The open house was held in part to celebrate the program's 35th anniversary. It also allowed people who have supported HAVEN over the years to get a tour of the facility and get to know the employees there. 

+ Read More

CANTON, MI - Student across the country walked out of theirs schools today, in part for the Columbine anniversary, but to also protest gun violence.

In Michigan, hundreds of student from three different high schools gathered on a campus football field.

In New York, Students staged a mass "die-in" on the steps of the State Capitol to call for stricter gun control laws.

+ Read More

MADISON - Researchers examining forests in northern Wisconsin say Native American reservations have older trees and better plant diversity and tree regeneration than surrounding state or national forests.

Wisconsin Public Radio reports that Dartmouth College and University of Wisconsin-Madison researchers recently published their findings in an issue of the Ecology and Society journal. Researchers studied forests on four Native American reservations.

+ Read More

Play Video

RHINELANDER - Sixty-two-year-old Kenneth Welsh lasted just eight days as a free man before being arrested in Oneida County again.

Welsh is now in Oneida County Jail, accused of making terrorist threats.

Those threats put hospitals in Rhinelander and Tomahawk on lockdown on Thursday.

Oneida County Sheriff Grady Hartman said Welsh made the threats to a hospice company after they withdrew service from his terminally-ill wife.

+ Read More

Play Video

MERRILL - A member of the Merrill School Forest Program received special recognition on Friday. Director Russell Noland earned a LEAF award from Wisconsin's School Forest Program.

Students, parents, and other community members came together to witness the award presentation.

The award honors people that excel in leading learning experiences and activities in forestry.

+ Read More

ONEIDA COUNTY - A wild deer in Oneida County tested positive for Chronic Wasting Disease.

The DNR says a deer found in Crescent Township had CWD. 

+ Read More

Play Video

MINOCQUA - People drew designs and blood at a Minocqua tattoo parlor Friday. Owners of Haven Ink Tattoos helped clear up some tattoo myths while helping others in their community with a blood drive.
"Clients have been showing us tattoos they want while donating," said Haven Ink Tattoos co- owner and artist Megan Hunt.
A simple prick of a needle goes a long way at Haven Ink Tattoos in Minocqua.
"There are a lot of myths that exist and it goes back to old stimulations as far as donating blood," said Haven Ink Tattoos co- owner and artist Dani Bauer.
"[You can] participate in a good cause and get a tattoo after so you get two memories in a day," said blood donor Tanner Lillie. 

People get a permanent mark while making one on someone's life.
Hunt and Bauer teamed up with Talitha Uhrmann from The Community Blood Center to bring a blood bank to the shop. Everyone who donated blood got 20 percent off a tattoo.
Every person that donated blood can save three lives including the one in seven people hospitalized that will need a blood transfusion.

+ Read More
+ More General News
Search: 





Click Here