(WFRV) – Landmark Credit Union has entered into a definitive agreement to purchase American National Bank-Fox Cities, expanding its footprint in northeast Wisconsin.
The acquisition will add approximately $419 million in assets to Landmark, including $328 million in loans.
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“This acquisition represents a meaningful step forward in our commitment to deepen our presence in key Wisconsin markets,” Landmark President and CEO Timothy Mackay said. “After establishing a loan production office in 2025 in Appleton, we saw a strong opportunity to accelerate our growth by bringing American National Bank-Fox Cities into the Landmark family.”
Mackay said the bank’s business-focused model aligns with Landmark’s commercial strategy while also offering a full suite of consumer products and services.
American National Bank-Fox Cities, founded in 1993, is a nationally chartered, OCC-regulated institution offering banking services to individual and corporate customers. It operates a full-service branch in Appleton and a loan production office in Green Bay, both of which are included in the agreement.
“Since 1993 we have supported our business clients through a unique ‘entrepreneurs serving entrepreneurs’ approach to banking,” said Paul Northway, president and CEO of American National Bank-Fox Cities. “We are pleased to find a partner in Landmark Credit Union that shares similar values for putting people first and building strong communities.”
Landmark, which has served members for more than 90 years, said the acquisition aligns with its strategy to grow in key geographic markets, expand business lines and strengthen deposit relationships.
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The transaction is expected to close in the second half of 2026, pending customary regulatory and shareholder approvals. Upon completion, all American National Bank-Fox Cities employees will be offered continued employment with Landmark.
ALM First served as financial advisor and Honigman LLP as legal counsel to Landmark. Hovde Group, LLC and Boardman & Clark LLP advised American National Bancorp, Inc., and its wholly owned subsidiary American National Bank-Fox Cities.
