Tomah Chamber & Visitors Center Newsletter February Newsletter

CHAMBER
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Monthly Newsletter FEB 19
Big Changes in Local Finance
Many of you may have heard about the changes happening on the financial landscape here in Tomah.
Three institutions will be enduring transitions that will effect many of our residents.
Last week, 1st Community Credit Union announced that they will be expanding their branch to better ac-
comodate the Tomah area. The new branch will be located on the north end of town between Buan Street
and West McCoy Boulevard. They will feature a full service lobby, technology center, ATM and drive-up
banking. Established in 1961, 1st Community Credit Union is a not-for-profit organization owned by its
members.
Partnership Bank also made a big announcement last week. They will be merging with First Bank with
business transioning officially in July. The merger will allow more resources required to meet the de-
mands of a competitive market place and continue to deliver innovative products and services to our
clients. Bank First is a Wisconsin-based homegrown community bank and anticipates no change in the
high-quality, personalized level of care and service you currently receive. The transaction has a target sale
date of July 12, 2019.
Citizens Community Bancorp has agreed to purchase F&M Bank of Tomah. This will be one of the big-
gest transitions in our financial landscape, as F&M Bank dates back to 1911 and holds twenty percent of
the market share in Monroe County. The sale is anticipated to finalize by the end of June.
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