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AnchorBank gains loan extension

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Just in time, Anchor BanCorp Wisconsin Inc. (ABCW) announced Monday an agreement to amend the terms of its outstanding line of credit with U.S. Bank.

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Under the terms of the amendment, the company was not required to make a principal reduction on March 2 as previously negotiated. Also, under the terms of the amendment the balance of the $116.3 million loan is now due by May 29.

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