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Code · Wisconsin · Chapter 214 — Savings banks

214.09 Acquisitions.

87 words·~1 min read·/wi/chapter-214/214-09-2

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214.09 Acquisitions. Subject to rules of the division, a savings bank holding company may acquire control of a savings bank or of a savings bank holding company upon application to and with the prior written approval of the division. The application shall be in a form prescribed by the division. The division shall approve the application if the division determines that the acquisition is consistent with the interest of maintaining a sound financial system and that the proposed acquisition does not afford a basis for supervisory objection.
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