Banking & Finance

Power Test acquires New Hampshire-based competitor

Sussex-based Power Test Inc., a dynamometer and test system manufacturer, announced Tuesday that it has acquired Manchester, New Hampshire-based DynoMite Dynamometer.

Guy & O’Neil acquires Minnesota-based manufacturer

Fredonia-based Guy & O’Neill Inc. has acquired Minnesota-based Boomerang Laboratories Inc. to expand its product breadth and capabilities.

SBA rolls out disaster loan program

The Small Business Administration Economic Injury Disaster Loan program is now available to small businesses that have been affected by the coronavirus COVID-19, Gov. Tony Evers announced Friday.

Associated Bank offers ‘COVID-19 relief program’ for customers

Green Bay-based Associated Bank on Saturday announced steps it says it is taking to help its consumer and business customers impacted by the COVID-19 coronavirus.
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Kohl’s fully draws $1 billion credit line for financial flexibility during coronavirus outbreak

Menomonee Falls-based Kohl’s Corp. has fully drawn its $1 billion unsecured credit facility to increase its cash position and preserve financial flexibility during the coronavirus outbreak, according to the company’s annual securities filing.

WBA creates interactive map for available bank lobby, drive-through access

The Wisconsin Bankers Association has created two interactive maps showing bank lobbies and drive-throughs around the state that are currently open and available to customers.

First Federal Bank of Wisconsin proposes stock repurchase program

First Federal Bank of Wisconsin Inc. has plans to initiate a stock repurchase program for up to 385,250 shares, or 5%, of the company’s outstanding shares of common stock, the bank recently announced.

Fiserv acquires Austin-based enterprise point-of-sale management company

Brookfield-based Fiserv acquired Bypass Mobile, an Austin, Texas-based independent software developer and enterprise point-of-sale systems innovator, Fiserv announced today.

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