Banking & Finance

Dane County's bond rating was upgraded to the highest possible level for the first time since 2010, Dane County Executive Joe Parisi's office announced Thursday.

Glendale-based Johnson Controls Inc. will sell its federal security integration business to Springfield, Va.-based Versar Inc. The companies had previously been in a joint venture.

Milwaukee-based investment bank Promontory Point Capital has advised Chicago-based circuit board product and service provider Tapco Circuit Supply on the sale of its drill room and lamination products businesses to Taiwanese company TCT Group.

Thrivent Financial announced Wednesday it realigned its organizational structure to better serve Christian communities and spur membership growth.
The company’s members had voted in 2013 to extend the company’s products and services from Lutherans to include a wider Christian membership base.

Nicolet National Bank and Baylake Bank executives have plenty of challenges ahead as they clear regulatory hurdles and merge operations.

BMO Harris Bank has announced plans to renew its sponsorship of Milwaukee Ballet’s “The Nutcracker” for the upcoming holiday season.

The audit, accounting and tax practice of Pewaukee-based Jannsen + Co. will be acquired by Naperville, Ill.-based Sikich LLP, the companies have announced.

Baylake Bank and Nicolet National Bank are merging to become the fifth-largest Wisconsin-based bank in both assets and deposits.

Wisconsin banks reported net income of $614 million in the first half of the year, up from $471 million in the first half of 2014, according to the Quarterly Banking Profile released today by the Federal Deposit Insurance Corp.

Wauwatosa-based WaterStone Bank has hired two new community presidents, to lead its new Greenfield and Fox Point branches.