Nicolet Bankshares

Nicolet Bankshares
Public
Traded as NYSE: NCBS
Industry Banking, Financial services
Founded 2000
Headquarters Green Bay, WI, United States
Key people
Robert Atwell, Chairman, President, & CEO; Mike Daniels, Executive Vice President and Secretary; Ann Lawson, CFO
Products Retail Banking
Commercial Banking
Private Banking
Small Business Lending
Wealth Management
Website nicoletbank.com

Nicolet Bankshares is a U.S. regional bank holding company based in Green Bay, Wisconsin. They are the parent company of Nicolet National Bank, the fifth largest Wisconsin based bank[1]

As of December 31, 2015, it had over $1.2 billion in assets.[2] Upon its completed merger with Baylake Bank, they will have over $2.2 billion in assets.[3] Nicolet National Bank is a member of the Federal Deposit Insurance Corporation[4] and the Federal Reserve Bank of Chicago.[5]

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.[6] In 2010, Nicolet acquired four branches from Anchor Bank.[6] In 2013, they acquired both Mid-Wisconsin Bank and the Bank of Wausau.[6][7]

In 2015, they announced that they were merging with Baylake Bank, with the new company taking the Nicolet National Bank name.[6][8] On April 12, 2016, the shareholders of both banks voted in favor of merging the two banks.[9] The $140 million deal closed on April 29, 2016.[9]

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References



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