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News Breaks
13:35 EDTAMFI
theflyonthewall.com: AMCORE Financial subsidiary sold to First National Bank and Trust
AMCORE Bank, N.A., a wholly-owned subsidiary of AMCORE Financial announced that it has completed the sale of its branches in the Wisconsin communities of Monroe and Argyle to First National Bank and Trust Company of Beloit, WI. The sale included approximately $70 million in loans, $135 million in deposits and sweep accounts, and up to $45 million in related trust accounts. The 401(k) plan business was not part of the sale and remains with AMCORE. The financial terms of the transaction were not disclosed. :theflyonthewall.com



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