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Nicolet National Bank continues expansion efforts

You can follow the familiar green and white signs out west after former Charter Bank locations opened Monday under the Nicolet National Bank banner.

 

The two banks initially announced the merger at the end of March, with August 26th being the final day for the Charter Bank moniker. Before the merger, Charter was a $1.1 billion bank headquartered in Eau Claire with additional locations in Chetek, Wis., Chippewa Falls, Wis., Chanhassen, Minn., and Chaska, Minn. Additional details about the sale were made available here when the deal was announced.

 

It was a part of a recent string of mergers for Nicolet National Bank, which joined forces with Michigan-based mBank and Manitowoc-based Investors Community Bank last year. The bank’s parent company Nicolet Bankshares, Inc., saw its stock rise Monday morning to nearly $79 per share before 9 a.m.

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