Economic Development

Baylake Bank, a wholly owned subsidiary of Baylake Corp., has announced it will acquire a branch facility and other fixed assets along with approximately $14 million of deposits from Community Bank & Trust's Appleton office.

Michael J. Weil has been hired as director of wealth management at Next Generation Wealth Management in Milwaukee. He...

Brookfield-based financial technology provider Fiserv Inc. has partnered with Portland, Ore.-based iovation to address internet fraud prevention.

A diverse group of 48 political, cultural, business, labor, real estate and civic leaders will serve on a task force that was officially set in motion recently by the Metropolitan Milwaukee Association of Commerce (MMAC).

Please join us in congratulating this dynamic group of companies and entrepreneurs as we celebrate their growth, success and contributions to the Kenosha area's economic development. The 2013 Business Excellence Awards program, hosted by the Kenosha Area Chamber of Commerce and the Kenosha Area Business Alliance in partnership with BizTimes Milwaukee, provides a fantastic opportunity to learn about the businesses and people that are driving Kenosha County's economy.

Waterstone Financial Inc., the Wauwatosa-based holding company for WaterStone Bank, reported third quarter net income of $3.2 million, or 10 cents per share, compared with $8.4 million, or 54 cents per share, in the same period a year ago.

Brookfield-based Fiserv Inc. reported third quarter net income of $159 million, or $1.21 per share, compared with $139 million, or $1.02 per share, in the same period a year ago.

Des Moines, Iowa-based Mittera Group has acquired Brookfield-based Wisconsin Web Offset LLC, a commercial web printing and finishing services company.

Menomonee Falls-based Actuant Corp. announced it has reached a definitive agreement to sell its Electrical Segment to Sentinel Capital Partners for $258 million in cash, subject to working capital and other closing adjustments.