North Shore Bank (Wisconsin): Difference between revisions
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[[File:North Shore Savings and Loan Association logo, 1970.jpg|thumb|150px|right|The North Shore Savings logo in 1970.<ref>[https://www.newspapers.com/clip/78403552/]</ref>]]
By 1981, the bank had four locations in Shorewood, Waukesha, Milwaukee, and Brookfield. It announced plans to acquire [[Sunrise Savings and Loan Association|Frontier Savings Association]], a bank based in [[Green Bay, Wisconsin|Green Bay]], in 1982.<ref>[https://www.newspapers.com/clip/78376761/the-post-crescent/ "Frontier, North Shore plan merger"], [[Appleton Post-Crescent]], November 4, 1981, page B-8.</ref> After receiving regulatory approval, Frontier backed out of the merger, and North Shore acquired only the bank's [[Two Rivers, Wisconsin|Two Rivers]] branch. At the end of 1983, North Shore acquired [[Southeastern Savings Association (Wisconsin)]] and its six locations in [[Racine County, Wisconsin|Racine County]], bringing the bank up to 17 branches.<ref>Pfankuchen, David. [https://www.newspapers.com/clip/78399367/ "Business bits"], [[Racine Journal Times]], December 22, 1983, page 1D.</ref><ref>[https://www.newspapers.com/clip/78399269/ Full-page advertisement], [[Racine Journal Times]], January 2, 1984, page 15.</ref>
Another planned merger was announced in 1987 with Frontier, which had since been renamed Sunrise Savings and Loan Association.<ref>[https://www.newspapers.com/clip/78377254/green-bay-press-gazette/ "Sunrise plans to merge with North Shore savings, loan"], [[Green Bay Press-Gazette]], November 11, 1987, page 4.</ref> North Shore acquired Sunrise on December 31, 1987, adding its 10 locations to North Shore's 19, with the new bank holding over $700 million in assets.<ref>[https://www.newspapers.com/clip/78377842/green-bay-press-gazette/ "S&L merger completed"], [[Green Bay Press-Gazette]], January 1, 1988, page 14.</ref> The organization changed its name to North Shore Bank, SSB (State Savings Bank) in early 1989, at the height of the {{w|Savings and loan crisis|S&L crisis}} that made the "savings and loan" name unpopular.<ref>[https://www.newspapers.com/clip/78400634/ "Name changes OK'd for two savings banks"], [[Green Bay Press-Gazette]], February 4, 1989, page 11.</ref><ref>Matthews, John. [https://www.newspapers.com/clip/78400783/ "Area thrifts becoming 'savings banks'"], [[Racine Journal Times]], April 6, 1989, page 5B.</ref> Another name change was made in 1990, when the bank federally chartered and became an FSB (Federal Savings Bank).<ref name=fdicfinder/>
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