Dupaco Community Credit Union Dubuque – Two former branches of Beit Siman Bank are now branches of Dobaco Credit Union. HSB was purchased by Dupaco, which now operates that branch at 7701 Mineral Point Road and another at 3762 E. Washington Avenue Barry Adams runs the State Journal.
Home Savings Bank, a wholly-owned subsidiary of Home Bancorp Wisconsin, has been acquired by Dupaco Community Credit Union, headquartered in Dubuque, Iowa.
Dupaco Community Credit Union Dubuque
Founded in 1895, HSB had two branches with assets worth US$180 million and more than two dozen employees, but now operates under the name Dupaco. The merger increased Dubaku’s membership to approximately 149,000 and its asset base to approximately $2.9 billion.
Routing Number Of Dupaco Community Credit Union In Dubuque (old Number Is 273972936)
“For most of our 125-year history, Home Savings Bank has been built as a corporate institution, focused on serving our members and our community,” said Jim Bradley Jr., Chairman and CEO of Home Bancorp Wisconsin. “We are excited about the opportunity to return to these roots as a credit union.”
At its creation, the Home Savings Bank was established as a savings and loan house, a mutual savings bank to make mortgage loans to homeowners, a role that commercial banks did not serve in the late 19th century. However, in 2014, Home Bancorp Wisconsin completed a stock sale that raised nearly $9 million and converted the organization from a mutual savings bank to a stock-based savings bank.
Dupaco is a member-owned, non-profit financial cooperative founded in 1948 by 10 employees of the Dubuque Packing Company. It serves residents in 113 counties and has 22 branches throughout Iowa, northwestern Illinois and southern Wisconsin. Barry Adams, State Magazine
Similar to the credit union structure, mutual savings banks are owned by depositors, while stock-based banks are owned by shareholders, giving institutions greater ability and flexibility to raise capital. The sale of Dupaco returns the former HSB bank to the credit union structure.
U.s. Bank Dubuque, Ia
According to Bradley, the current competitive market and growing demand in the rapidly growing financial services industry led the bank’s management and board of directors to decide that merging with a larger institution was the best strategy to better serve its multiple stakeholders in the future. It’s also a good fit for Dupaco, which has operated a branch in Platteville since 2002, and before this year’s purchase, already had friends in Dane County, according to Dupaco President and CEO Joe Hearn.
Dupaco Credit Union in Dubuque, Iowa, has acquired the assets of Home Savings Bank, a financial institution founded in 1895. Barry Adams, State Journal
“Dopaco and Home Savings Bank share similar values. Our combined organization will strengthen the foundation of a credit union that prioritizes the well-being of our members, employees and communities,” Hearn said in a press release. We value and appreciate local leadership and expertise in the market.”
Dupaco is a member-owned, non-profit financial cooperative founded in 1948 by 10 employees of the Dubuque Packing Company. It provides savings, loans, investments, insurance and wealth management products to individuals and businesses and serves residents of 113 counties through 22 branches throughout Iowa, northwestern Illinois and southern Wisconsin. Its branches are at 3762 E. Washington Street. It is located at 7701 Mineral Point Road.
Your Cooperative Membership Pays
Working with Crave Brothers Farmstead Cheese is a box of fresh mozzarella balls last week. John Hart, State Magazine
Brian Crave of Crave Brothers Cheese works on the company’s production floor in Portland, Wisconsin, Thursday, Feb. 24, 2022. John Hart, State Journal
Crave Brothers Farmstead Cheese Company began making cheese in 2002 as a way to add value to milk produced on the road at Crave Brothers Farmstead. Most of the milk from the 2,000 Holstein farms is used in the cheese factory. John Hart, State Magazine
The fresh cheddar cheese beans produced by Crave Brothers Farmstead Cheese near Waterloo are packed immediately so they can quickly be on the store shelves of area retailers. The company also wholesales cheese to private label companies. John Hart, State Magazine
Dupaco Announces Plans To Invest In Millwork District In Dubuque
Brian Crave of Crave Brothers Cheese displays a selection of the company’s products in Portland, Wisconsin, Thursday, February 24, 2022. John Hart, State Journal John Hart State Journal
Employees at Crave Brothers Farmstead Cheese prepared new balls of mozzarella cheese last week. The cheese has been a consistent winner in cheese competitions across the country and state and will compete for additional prizes in this week’s World Cheese Contest. John Hart, State Magazine
Workers at Krave Brothers Farmstead Cheese near Waterloo tend to fresh cheddar cheese last week. The milk used to make the chowder comes directly from the neighboring Crab Brothers farm and produces award-winning cheeses for the company, which has been producing cheese for 20 years and regularly participates in the World Championship Cheese Competition. John Hart, State Magazine
One farmhand at Crave Brothers Farm can milk 60 cows in 10 minutes, thanks to a highly automated rotary milking parlor that uses robots and machinery that senses when a cow is being milked or weaned. John Hart, State Magazine
Nice Selection Of Credit Unions??
Brian Crave, a licensed cheesemaker at Crave Brothers Farmstead Cheese near Waterloo, adds fresh mozzarella to a machine that stretches the cheese and shapes it into balls that are packaged in plastic tubs for retail sale. Mozzarella has been an award-winning staple at the cheese factory for over 20 years. John Hart, State Magazine
Mark Crave, one of the managing partners at Crave Brothers Farm, watches some of his 2,000 cows during the milking process last week near Waterloo. The $2.2 million rotary milking parlor to be installed in 2021 means less active and happier cows, which together produce about 45 million pounds of milk annually. John Hart, State Magazine
The caprese features mozzarella, pesto, tomatoes and a Krave Brothers balsamic glaze. Samara Kalk Derby | Wisconsin State Journal
With the help of the University of Wisconsin’s Dairy Research Center, George Krief, shown here in a 2002 archive photo, learned to make cheese. Michelle Stocker
Dupaco Celebrates Completion Of Expanded Branch
George Crave, President – Crave Brothers Farmstead Cheese, Bill Marty, Owner – Earth Fresh Acres, Jason Dunn, Chef – Lewis Station Winery. Rob Lewis, Owner and Winemaker – Lewis Station Winery stands with record-breaking authority. Thermo/Crepe Brothers cheese
A worker handles mozzarella cheese last November at Crave Brothers Farmstead Cheese in Waterloo. Capital Times Archive
The Bistro at Louis Station Winery in Lake Mill serves the Caprese cocktail — a version of the classic salad, served in a cup — made with fresh Crave Brothers mozzarella, tomatoes and fresh herbs with balsamic vinegar and extra virgin olive oil. Presenter
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Two former branches of Beit Siman Bank are now branches of Dobaco Credit Union. HSB was acquired by Dupaco, which now operates that branch at 7701 Mineral Point Road and another at 3762 E. Washington Blvd.
Dupaco Community Credit Union Office Photos
Dupaco is a member-owned, non-profit financial cooperative founded in 1948 by 10 employees of the Dubuque Packing Company. It serves residents in 113 counties and has 22 branches throughout Iowa, northwestern Illinois and southern Wisconsin.
Dupaco Credit Union in Dubuque, Iowa, has acquired the assets of Home Savings Bank, a financial institution founded in 1895.
Terms of Use Privacy Policy | Terms of Use Advertising | Do Not Sell My Information Cookie Choices Platteville, WI – Finishing work has been completed on the expanded and remodeled Munity Credit Union branch in Platteville. The Chamber cut the ribbon on Wednesday, July 21, to celebrate the completion of the new branch.
The new branch of the Learning Lab introduces a new open concept and technology that supports the credit union’s mission to improve every member’s financial situation. Touch screen technology in the lobby offers members the opportunity to learn more about topics such as credit scores and home purchasing options in a game-like environment, while staff trainers are available in the branch for members, providing a one-on-one personal financial service. advice. . There are currently 15 full-time employees.
Dupaco Community Credit Union And Home Savings Bank Sign Agreement For Strategic Acquisition
The unique Platteville branch, which added 3,600 square feet in the renovation for a total of 7,624 square feet, is focused on improving lending practices.
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