LA CROSSE, Wis.—Marine Credit Union said it has completed the acquisition of 10 branches from Old National Bank through a purchase agreement it announced earlier this year.
The branches are now open as Marine Credit Union branches.
The credit union acquired approximately $240 million in deposits through the sale.
“Marine’s acquisition of the Old National Bank branches aligns with our growth strategy. We are excited for the opportunity to serve more members in our new branches who need our help. We can deliver value to these new markets,” said Shawn Hanson, CEO of Marine Credit Union.
Marine Credit Union said it is committed to continue operating locations and serving members in all markets involved in the acquisition. Marine CU said it will close overlapping offices in Chippewa Falls, Eau Claire and Prairie du Chien, Wisconsin.