During a closed meeting, the NCUA Board unanimously approved Landmark Credit Union's acquisition of Hartford Savings Bank, subject to approval from the FDIC, according to a Board Action Bulletin posted last week on the NCUA's website.
The $2.1 billion New Berlin, Wis.-based credit union announced in September its plan to buy the $190 million, state-chartered mutual savings bank in Hartford, Wis.
Landmark has completed 10 credit union mergers in the past three years. This is its first acquisition of a bank.
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