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Archive of: Banking & Finance Biz Report

Title Issue

Winnow Fund secures funding from Wisconsin-based corporations

Addressing frequent criticism that Wisconsin companies don’t support the state’s venture community, the Winnow Fund, a Madison-based, seed-stage venture capital fund, has received investment commitments from three prominent Wisconsin companies and a Madison-based private-equity firm.

February 2020

Old National Bank closing 6 Dane County branches

After acquiring Anchor BanCorp Wisconsin Inc. in 2016, Indiana-based Old National Bancorp, parent of Old National Bank, announced it will close some of its brick-and-mortar branches in the Midwest, including 10 in Wisconsin.

January 2020

Bank executives: Economy is on a roll

A poll from the Wisconsin Bankers Association shows banking executives bullish on the economy through 2020. Nearly 80 percent of Wisconsin bankers say the economy is good and will continue on this track through 2020.

December 2019

Zoological Society transfers remaining funds to MCF

The Henry Vilas Zoological Society agreed to transfer almost all of its remaining funds — about $8 million — to the Madison Community Foundation after a rift developed between the Dane County and the society earlier in 2019 over funds management at the zoo.

December 2019

CPA firm makes move in Madison, McFarland

The Madison office of Reilly, Penner & Benton LLP (RPB), at 6411 Mineral Point Road, has moved down the hall to Suite 111.

December 2019

Study: Foxconn deal could depress state economy

A new study by The Mercatus Center at Washington’s George Mason University claims economic development subsidies, especially Wisconsin’s pledge of $3.6 billion in incentives to the Foxconn Technology Group, could do more harm than good — a lot more harm.

November 2019

CUNA Mutual Group campus to lose iconic circular building

CUNA Mutual Group’s iconic round office building at 5810 Mineral Point Road is about to come down.

November 2019

Wisconsin tax ranking drops to 19th

Based on two-year-old data from the U.S. Census Bureau, taxes paid by Wisconsin residents as a share of personal income have fallen by more than two percentage points, one of the largest declines in the nation.

November 2019

2020 IB Executive of the Year winners announced

In Business magazine has announced the 2020 Executive of the Year Award recipients.

November 2019

New Winnow Fund raises $3.5 million

The Winnow Fund launches as only Wisconsin-based, woman-led venture fund actively investing.

November 2019
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