Landmark Credit Union completes acquisition of Hartford Savings Bank

NEW BERLIN, WI  (March 3, 2014) – Landmark Credit Union announced today the completion of its planned acquisition of Hartford, Wisconsin-based Hartford Savings Bank.

“We’re pleased to have the opportunity to serve members of Hartford Savings Bank as members of Landmark Credit Union,” said Jay M. Magulski, President and Chief Executive Officer. “They’ll continue to see the same familiar faces at the three former HSB locations, and enjoy the added convenience of Landmark’s 32 branches in southern Wisconsin, as well as an expanded offering of products and services.”

The acquisition adds over 8,800 new members and $155 million in assets to Landmark Credit Union. Landmark will retain all Hartford Savings bank employees, and continue to operate branches in Hartford, Juneau and Hubertus.

Tom Haley, former president of Hartford Savings Bank, calls the merger a success for both companies. “Landmark’s strength and stability, plus greater customer convenience, will serve HSB members as well as Landmark members. In addition, all HSB employees will remain in place at their current locations, and we will remain active in our local communities.” Mr. Haley will remain with Landmark as Regional President/Chief Risk Officer.

Landmark Credit Union is $2.5 billion strong, with 573 employees who serve more than 230,000 members at 32 locations throughout Southeastern Wisconsin.

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