InvestorsBank to be sold to American Bank of Fond du Lac

Freeman Staff

July 7, 2014

WAUKESHA InvestorsBank of Waukesha has agreed to be purchased by American Bank, a Fond du Lac-based bank.

InvestorsBank will operate under the American Bank name after the acquisition receives regulatory approval, which is expected to happen later this year, according to a company statement. Financial terms of the transaction were not disclosed.

InvestorsBank was established in 1997 as a privately held commercial bank and is based at W239 N1700 Busse Road in Waukesha. American Bank was founded in 1968 and has more than $220 million in assets, with five offices serving Fond du Lac, Dodge, Green Lake and Winnebago Counties.

The combined entity will have assets of more than $450 million.