Loading

30°F

29°F

32°F

27°F

31°F

31°F

32°F

31°F

31°F

30°F

31°F

32°F
NEWS STORIES

Peoples State Bank will buy Northwoods National BankSubmitted: 01/23/2014

Karolina Buczek
Reporter/Anchor
kbuczek@wjfw.com


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

WOOD COUNTY - A two-car crash in Wood County hurt six people Saturday afternoon.

The crash happened at the intersection of County Highways B and X in the township of Wood.

+ Read More

Play Video

TOMAHAWK - The Tomahawk Elementary School hosted its first spring carnival this year. Our Sister's House, a homeless shelter being built in Tomahawk, organized the event.

"We decided to do kind of a fun theme just to kind of get our name out there a little bit, and involve the public. So we decided to do a mini carnival," said Our Sister's House President Bernice Duchac.

The event kicks off spring break, and kids seemed to think it was a great start to their break.

+ Read More

Play Video

RHINELANDER - Local businesses will do a lot to prepare for Saturday's Badger game, including buying extra supplies and getting ready to serve more customers.

+ Read More

Play Video

TOMAHAWK - It might not seem like spring yet.

But some people in Tomahawk spent Saturday preparing for when they can start fishing again.

They did that today by taking a class at Treehaven.

They learned how to tie their own flies to use for fly fishing.

"Everyone gets excited this time of year when the snow starts to melt, you start to see some open water and what better way to prepare by tying flies and start the fishing off with a good full box of flies," says class instructor Austin Noring.

+ Read More

VILAS COUNTY - A fire destroyed a Vilas County house on Saturday.

+ Read More

WESLACO, TEXAS - Wisconsin Gov. Scott Walker left a tour of the U.S.-Mexico border without addressing questions about his stance on immigration.

The likely Republican presidential contender remained invisible to reporters on Friday during a visit that could have given him a chance to spotlight his views regarding immigration policy and border security.

+ Read More

MADISON - The Wisconsin Supreme Court has canceled oral arguments it planned to hold next month on three cases related to the secret investigation into Gov. Scott Walker's 2012 recall campaign.

+ Read More
+ More General News
Search: 




Click Here