Home Bancorp Wisconsin Closes Purchase and Assumption Transaction with Dupaco Community Credit Union.

MANews-(C)2009-2022

Wisconsin, US-based bank holding company Home Bancorp Wisconsin, Inc has closed a purchase and assumption transaction between Dupaco Community Credit Union of Dubuque, Iowa, Home Bancorp Wisconsin, Inc. and its Home Savings Bank in which Dupaco has acquired the assets and assumed the liabilities of Home Savings Bank in an all-cash transaction, the company said.

Home Savings Bank will now begin the process of liquidating pursuant to Wisconsin law. Following the liquidation of Home Savings Bank, Home Bancorp will dissolve pursuant to Maryland corporate law and distribute its remaining assets to its stockholders.

The liquidation of Home Savings Bank and the...

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