Nicolet National Bank
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Nicolet Bankshares is a U.S. regional bank holding company based in
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 lev ...
. They are the parent company of Nicolet National Bank, the fourth largest Wisconsin based bank. As of July 20, 2017, it had over $2.29 billion in assets.


History

Nicolet Bankshares was founded in November 2000, after founders Bob Atwell and Mike Daniels felt that the local bank they worked for was getting away from community banking, which they felt was important. In 2010, Nicolet acquired four branches from Anchor Bank. In 2013, they acquired both Mid-Wisconsin Bank and the Bank of Wausau. In 2015, the company would merge with Baylake Bank, with the new company taking the Nicolet National Bank name. On April 12, 2016, the shareholders of both banks voted in favor of merging the two banks. The $140 million deal closed on April 29, 2016. In February 2020, Nicolet Bankshares announced plans to acquire West Bend, Wisconsin-based Commerce State Bank and its four branches in a deal valued at $129.6 million. Three months later in May 2020, Nicolet terminated its agreement to acquire Commerce State Bank citing the impact of coronavirus and falling stock price for the publicly traded Nicolet Bank.


References


External links

* Banks based in Wisconsin Companies based in Green Bay, Wisconsin Companies listed on the New York Stock Exchange Economy of the Midwestern United States 2000 establishments in the United States {{Wisconsin-stub