Loan production office will be southernmost location for Wausau-based bank
River Valley Bank, a privately held bank based in Wausau, has received permission from the Wisconsin Department of Financial Institutions to open a loan production office at 728 Pennsylvania Ave., Sheboygan.
A loan production office is typically opened before a full service branch when a bank is considering expanding into a new market. River Valley Bank currently has 16 branch locations in north central Wisconsin and Michigan’s Upper Peninsula. Its Sheboygan loan production office would be the bank’s southernmost location.
River Valley Bank officials were not available for comment before deadline.