Denmark Bancshares
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Denmark Bancshares
Denmark Bancshares was a U.S. regional bank holding company based in Denmark, Wisconsin. It was the parent company of Denmark State Bank and existed for 115 years. As of December 31, 2021, Denmark Bancshares ha$70,249,000 in assets.In the same period, Denmark State Bank reporteassets totaling $685,749,000 and $621,153,000 in liabilities.The institution is a member of the Federal Deposit Insurance Corporation. Denmark State Bank was acquired by Manitowoc, Wisconsin-based Bank First in deal announced January 19, 2022.The merger would result in a firm estimated to be worth approximately $3.6 billion. The acquisition was anticipated for regulatory approval on August 13, 2022, and successfully completed that weekend. History Denmark State Bank was organized in 1909, with Mitchell Joannes of Green Bay as its first president."Denmark Bank Has Been Outstanding in City Since 1909", ''Green Bay Press-Gazette'', July 18, 1934, Section Retail, pg. 23 George DeBroux was appointed cashier, an ...
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Over-the-counter (finance)
Over-the-counter (OTC) or off-exchange trading or pink sheet trading is done directly between two parties, without the supervision of an exchange (organized market), exchange. It is contrasted with exchange trading, which occurs via exchanges. A stock exchange has the benefit of facilitating liquidity, providing transparency, and maintaining the current market price. In an OTC trade, the price is not necessarily publicly disclosed. OTC trading, as well as exchange trading, occurs with commodities, financial instruments (including stocks), and derivative (finance), derivatives of such products. Products traded traditional stock exchanges, and other regulated bourse platforms, must be well standardized. This means that exchanged deliverables match a narrow range of quantity, quality, and identity which is defined by the exchange and identical to all transactions of that product. This is necessary for there to be transparency in stock exchange-based equities trading. The OTC ...
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Denmark, Wisconsin
Denmark is a village in Brown County, Wisconsin, Brown County in the U.S. state of Wisconsin. The population was 2,123 at the 2010 census. It is part of the Green Bay, Wisconsin, Green Bay Green Bay metropolitan area, Metropolitan Statistical Area. The village is located within the town of New Denmark, Wisconsin, New Denmark. Denmark began to be settled by Danish Americans, Danish immigrants in 1848, and has been referred to, along with Hartland, Wisconsin, as the "nuclei of what developed into one of the most important regions of Danish immigration in the United States." History Early settlement In 1846, a Prussian immigrant, John Bartlme, purchased 40 acres of land in the area of what is now Denmark. In 1848, the second settler, and the first Danes, Danish immigrant, a man named Niels Gotfredsen, bought 160 acres in the area. He and his wife were referred to as the 'King and Queen of Denmark', because they were the first Danish settlers of the town of Denmark. Big bribe of 1854 ...
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Wisconsin
Wisconsin () is a state in the upper Midwestern United States. Wisconsin is the 25th-largest state by total area and the 20th-most populous. It is bordered by Minnesota to the west, Iowa to the southwest, Illinois to the south, Lake Michigan to the east, Michigan to the northeast, and Lake Superior to the north. The bulk of Wisconsin's population live in areas situated along the shores of Lake Michigan. The largest city, Milwaukee, anchors its largest metropolitan area, followed by Green Bay and Kenosha, the third- and fourth-most-populated Wisconsin cities respectively. The state capital, Madison, is currently the second-most-populated and fastest-growing city in the state. Wisconsin is divided into 72 counties and as of the 2020 census had a population of nearly 5.9 million. Wisconsin's geography is diverse, having been greatly impacted by glaciers during the Ice Age with the exception of the Driftless Area. The Northern Highland and Western Upland along wi ...
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Financial Services
Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer finance, consumer-finance companies, brokerage firm, stock brokerages, investment management, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the Gramm-Leach-Bliley Act, GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the Takeover, acquisit ...
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Bank Holding Company
A bank holding company is a company that controls one or more banks, but does not necessarily engage in banking itself. The compound bancorp (''banc''/''bank'' + '' corp ration') is often used to refer to these companies as well. United States In the United States, a bank holding company, as provided by the Bank Holding Company Act of 1956 ( '' et seq.''), is broadly defined as "any company that has control over a bank". All bank holding companies in the US are required to register with the Board of Governors of the Federal Reserve System. Regulation The Federal Reserve Board of Governors, under Regulation Y () has responsibility for regulating and supervising bank holding company activities, such as establishing capital standards, approving mergers and acquisitions and inspecting the operations of such companies. This authority applies even though a bank owned by a holding company may be under the primary supervision of the Office of the Comptroller of the Currency or the ...
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Federal Deposit Insurance Corporation
The Federal Deposit Insurance Corporation (FDIC) is one of two agencies that supply deposit insurance to depositors in American depository institutions, the other being the National Credit Union Administration, which regulates and insures credit unions. The FDIC is a United States government corporation supplying deposit insurance to depositors in American commercial banks and savings banks. The FDIC was created by the Banking Act of 1933, enacted during the Great Depression to restore trust in the American banking system. More than one-third of banks failed in the years before the FDIC's creation, and bank runs were common. The insurance limit was initially US$2,500 per ownership category, and this was increased several times over the years. Since the enactment of the Dodd–Frank Wall Street Reform and Consumer Protection Act in 2010, the FDIC insures deposits in member banks up to $250,000 per ownership category. FDIC insurance is backed by the full faith and credit of the ...
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Bellevue, Wisconsin
Bellevue is a village in Brown County, Wisconsin. It was a town until incorporating as a village on February 14, 2003. The population was 14,570 at the time of the 2010 census. Bellevue is part of the Green Bay metropolitan area. Bellevue sits around 4.34 miles (6.99km) east from central Green Bay. History Bellevue was named for the French words meaning "beautiful view". Geography Bellevue is located at (44.463878, −87.965106). According to the United States Census Bureau, the village has a total area of , of which of it is land and is water. Climate Demographics 2010 census As of the census of 2010, there were 14,570 people, 5,876 households, and 3,883 families living in the village. The population density was . There were 6,314 housing units at an average density of . The racial makeup of the village was 87.5% White, 1.0% African American, 0.9% Native American, 3.9% Asian, 4.9% from other races, and 1.9% from two or more races. Hispanic or Latino of any race were ...
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Maribel, Wisconsin
Maribel is a village in Manitowoc County, Wisconsin, United States. The population was 351 at the 2010 census. History A post office called Maribel has been in operation since 1837. The community took its name from a nearby mineral spring. Geography Maribel is located at (44.2763830 -87.8073129). According to the United States Census Bureau, the village has a total area of , all of it land. Highways * WIS 147 begins on the eastern edge of the village, and continues to Two Rivers. * Interstate 43 Northbound leads to Green Bay. Southbound leads to Manitowoc, Wisconsin and Milwaukee, Wisconsin. Demographics 2010 census As of the census of 2010, there were 351 people, 141 households, and 105 families living in the village. The population density was . There were 144 housing units at an average density of . The racial makeup of the village was 99.1% White, 0.3% Native American, and 0.6% from two or more races. Hispanic or Latino of any race were 0.3% of the population. Th ...
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Whitelaw, Wisconsin
Whitelaw is a village in Manitowoc County, Wisconsin, United States. The population was 737 at the 2020 census. History Originally called Pine Grove Siding and Pine Grove, the present name honors a local landowner named Whitelaw. A post office called Whitelaw has been in operation since 1892. Geography Whitelaw is located at (44.142784, -87.827434). According to the United States Census Bureau, the village has a total area of , of which, of it is land and is water. Demographics 2010 census As of the census of 2010, there were 757 people, 301 households, and 225 families living in the village. The population density was . There were 314 housing units at an average density of . The racial makeup of the village was 95.4% White, 0.4% African American, 0.7% Native American, 1.7% from other races, and 1.8% from two or more races. Hispanic or Latino of any race were 2.6% of the population. There were 301 households, of which 31.2% had children under the age of 18 living with ...
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Federal Bureau Of Investigation
The Federal Bureau of Investigation (FBI) is the domestic intelligence and security service of the United States and its principal federal law enforcement agency. Operating under the jurisdiction of the United States Department of Justice, the FBI is also a member of the U.S. Intelligence Community and reports to both the Attorney General and the Director of National Intelligence. A leading U.S. counterterrorism, counterintelligence, and criminal investigative organization, the FBI has jurisdiction over violations of more than 200 categories of federal crimes. Although many of the FBI's functions are unique, its activities in support of national security are comparable to those of the British MI5 and NCA; the New Zealand GCSB and the Russian FSB. Unlike the Central Intelligence Agency (CIA), which has no law enforcement authority and is focused on intelligence collection abroad, the FBI is primarily a domestic agency, maintaining 56 field offices in major cities throug ...
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Brown County, Wisconsin
Brown County is a county in the U.S. state of Wisconsin. As of the 2020 census, the population was 268,740, making it the fourth-most populous county in Wisconsin. The county seat is Green Bay, making it one of three Wisconsin counties on Lake Michigan not to have a county seat with the same name. Brown County is part of the Green Bay, WI Metropolitan Statistical Area. History Brown County is one of Wisconsin's two original counties, along with Crawford County. It originally spanned the entire eastern half of the state when formed by the Michigan Territorial legislature in 1818. It was named for Major General Jacob Brown, a military leader during the War of 1812. Several towns along the Fox River vied for the position of county seat in Brown County's early years. The first county seat was located at Menomoneeville (now a part of Allouez) in 1824. In 1837, a public referendum relocated the county seat to De Pere. The location was put up for the popular vote again in 1854, r ...
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Green Bay, Wisconsin
Green Bay is a city in the U.S. state of Wisconsin. The county seat of Brown County, it is at the head of Green Bay (known locally as "the bay of Green Bay"), a sub-basin of Lake Michigan, at the mouth of the Fox River. It is above sea level and north of Milwaukee. As of the 2020 Census, Green Bay had a population of 107,395, making it the third-largest in the state of Wisconsin, after Milwaukee and Madison, and the third-largest city on Lake Michigan, after Chicago and Milwaukee. Green Bay is the principal city of the Green Bay Metropolitan Statistical Area, which covers Brown, Kewaunee, and Oconto counties. Green Bay is well known for being the home city of the National Football League (NFL)'s Green Bay Packers. History Samuel de Champlain, the founder of New France, commissioned Jean Nicolet to form a peaceful alliance with Native Americans in the western areas, whose unrest interfered with French fur trade, and to search for a shorter trade route to China throu ...
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