Lake City Federal announces merger, will become East Wisconsin Savings Bank
East Wisconsin Savings Bank, based in Kaukauna, Wis., and Lake City Federal Bank have announced plans to merge into a single financial institution.
After the merger, the combined savings bank will remain 100% mutual owned, have assets of approximately $370.7 million and operate a network of seven branches in Outagamie County, Wis. and Wabasha County.
East Wisconsin is a wholly owned subsidiary of EWSB Bancorp, Inc., which in turn is wholly owned by Wisconsin Mutual Bancorp, MHC, a member owned mutual holding company.
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