Economic Development

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Money events

Summit Credit Union will host a Free Homebuyers Seminar on Wednesday, May 1, from 6 to 8 p.m. at...

New hires and promotions

Mortgage Guaranty Insurance Corporation has promoted Paul Spiroff to vice president assistant treasurer. Spiroff joined MGIC, the principal subsidiary...

U.S. Bank opens Walmart branch

U.S. Bank has opened a new branch in the Walmart store at 4140 W. Greenfield Ave. in Milwaukee.

Cleary Gull completes recap

Milwaukee-based investment banking firm Cleary Gull Inc. has advised Vanguard Graphics International LLC in its recapitalization by Kansas venture Capital Inc., Capital for Business, Jefferson Capital Partners and key members of management.

Waukesha County EDC elects leaders

The Waukesha County Economic Development Corporation has elected its officers and directors for 2013.
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U.S. Bank quarterly profits rise 6.7%

Minneapolis-based U.S. Bancorp reported that its first quarter earnings rose 6.7 percent. Net earnings rose to $1.43 billion, or 73 cents per share, for the first quarter ended March 31, from $1.34 billion, or 67 cents per share, a year earlier.

PNC Bank reports strong quarter

The PNC Financial Services Group Inc., the Pittsburgh-based parent company of PNC Bank, reported first quarter net income of $1.0 billion, or $1.76 per share, compared with $811 million, or $1.44 per share, in the same period a year ago.

Bank Mutual earnings jump 120%

Brown Deer-based Bank Mutual Corp. reported first quarter net income was $2.5 million, up 120 percent from $1.2 million the same quarter a year ago.

Mortgage banking fuels revenues for Associated Bank

Associated Banc-Corp reported first quarter net income of $46 million, or 27 cents per share, up from $41 million, or 24 cents per share, in the same quarter a year ago.

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