PSB Holdings Acquired by Bank First | Financial Services M&A Deal

Bank First has announced the merger acquisition of PSB Holdings, a banking business in Wisconsin, for an undisclosed amount. PSB Holdings operates community banking activities, including lending, deposit services, and related financial services for customers in Wisconsin. Bank First acquisitions in the banking sector aim to expand market presence and strengthen capabilities across financial services M&A in WI acquisitions. The strategic acquisition is structured as a merger acquisition between Bank First and PSB Holdings, with merger consideration subject to customary adjustments and regulatory approval requirements, and the closing timing remains to be determined.