Bank CMG acquires Farmers Savings Bank

Bank CMG, a United States — Wisconsin state-chartered community bank and State Member Bank of the United States — Federal Reserve, announced the successful completion of its acquisition of Farmers & Mechanics Savings Bank on July 10, 2026. The transaction brings together two community banks with a shared focus on customer service, local decision-making, and community investment. Farmers & Mechanics Savings Bank, founded in 1917, has served families and businesses in southwestern United States — Wisconsin for over a century. The acquisition strengthens Bank CMG's position as United States — Wisconsin's leading community-focused bank and expands its reach to deliver banking, lending, treasury management, and digital banking services across the state. The deal closed after receiving all required regulatory and shareholder approvals. Customers of Farmers & Mechanics Savings Bank will continue working with their existing bankers while gaining access to a broader suite of products and services. The combined bank will continue investing in local communities through lending, charitable giving, volunteerism, and support for nonprofit organizations. This acquisition is part of Bank CMG's strategic growth initiative to expand its footprint while remaining rooted in community banking values.