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AnchorBank takes over local S&C

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business New Richmond,Wisconsin 54017
New Richmond News
AnchorBank takes over local S&C
New Richmond Wisconsin 127 South Knowles Avenue 54017

Effective Monday, Feb. 11, the S&C Bank in New Richmond is now AnchorBank.

This finalizes the merger between AnchorBank, headquartered in Madison, and S&C Bank of New Richmond.


Employees of S&C Bank will continue to work at AnchorBank with the addition of some new products and services. Branch manager Julie Lindloff will be available to help answer any questions customers have about the merger. Lindloff has been with S&C Bank for 14 years.

AnchorBank and S&C Bank employees have been working together to combine the operations of the two banks.

"All of the employees have been working so diligently for the past several weeks preparing for this day," said AnchorBank president and CEO Mark Timmerman. "I hope the community takes the opportunity to stop by the new AnchorBank branch to congratulate the employees on their efforts and see the expanded array of products and services we have to offer."

The bank was closed on Saturday, Feb. 9, and Sunday, Feb. 10, to prepare for the transition and reopened on Monday, Feb. 11.

Visit the New Richmond branch at 355 S. Knowles Ave. during the week of Feb. 25 for a customer appreciation week, where you can enjoy refreshments and enter for a chance to win great prizes.

Founded in 1919, AnchorBank is one of the state's largest financial institutions with 76 locations throughout Wisconsin. AnchorBank, fsb is a wholly-owned subsidiary of Anchor BanCorp Wisconsin, Inc.

Anchor BanCorp's stock is traded on the over-the-counter market under the NASDAQ symbol ABCW.

More information about AnchorBank is available online at