Wisconsin-based Collins Bankcorp merging into Community Capital Bancorp – WBA

Collins, Wis.-based Collins Bankcorp Inc. is merging into Menomonee Falls, Wis.-based Community Capital Bancorp Inc., according to the Wisconsin Bankers Association.

As a result of the deal, Collins Bankcorp subsidiary Collins State Bank will become a wholly owned bank subsidiary of Community Capital, according to the report.

Collins State Bank is a private community bank with four locations and total assets of $112 million as of Dec. 31, 2020. Jeff Mueller, chairman of Collins Bankcorp and Collins State Bank, will become a shareholder of Community Capital and join its board.

The merger agreement has been approved by the boards of each company. The transaction is expected to close in the late second quarter or early third quarter.

Boardman & Clark LLP acted as outside counsel to Community Capital, while JK Law LLC and Godfrey & Kahn SC served as outside counsel to Collins Bankcorp.

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