Wisconsin bank to buy Iowa City's MidWestOne Bank in 'transformational' $864M deal

Nicolet Bank makes $864M deal for Iowa, Twin Cities foothold

The Green Bay, Wisconsin-based lender said it would buy MidWestOne to create a $15 billion-asset bank, roughly doubling its branch count, including 15 locations in the Minneapolis area.

Wisconsin bank to buy Iowa City's MidWestOne Bank in 'transformational' $864M deal

MidWestOne Bank, which has spent nearly 100 years in Iowa City, is being sold to a Wisconsin Bank for $864 million.

Nicolet Bank to buy MidWestOne Bank, expand into Iowa in 'transformational' $864M deal

The deal is almost as big as Nicolet Bank's eight prior acquisitions combined.

Nicolet Bankshares, Inc. Announces Merger with MidWestOne Financial Group, Inc.

Combination creates premier community banking franchise in the Upper Midwest...

MidWestOne, Wisconsin bank holding company announce plans for merger

Nicolet Bankshares Inc. and Iowa City-based MidWestOne Financial Group jointly announced the execution of a merger in which the bank holding company will acquire MidWestOne and its wholly-owned banking subsidiary, MidWestOne Bank.

Wisconsin bank makes deal to speed past $10B asset mark

Nicolet Bankshares has agreed to buy MidWestOne Financial in an $864 million, all-stock deal. The acquisition will move the Wisconsin-based buyer into Iowa and the Twin Cities, while also allowing it to vault past a key regulatory threshold.