Banking & Finance

New owners will change MW Bank’s name

Milwaukee-based MW Bank has been purchased by an investment group led by David Davis, president and chief executive officer, and Michael Peters, executive vice president and chief operating officer. Davis, Peters and their investors purchased the controlling interest formerly held by Roger Dirksen, the bank's chairman. In total, the investors group raised more than $20 million for the purchase. Dirksen, along with Davis, Peters and several local investors, purchased the bank in 1994.

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