Bank First Corporation Receives Regulatory Approval to Acquire Centre 1 Bancorp, Inc.
Prnewswire·2025-10-17 01:43

Core Viewpoint - Bank First Corporation has received all necessary regulatory approvals to proceed with its merger with Centre 1 Bancorp, which is set to close on January 1, 2026, pending customary closing conditions and shareholder approval from Centre [1][2]. Group 1: Merger Details - The merger will allow Bank First to operate under a unified brand, enhancing its commitment to long-term growth and community-focused banking [2]. - Following the merger, First National Bank and Trust will operate as a division of Bank First until a system conversion is expected in the second quarter of 2026, after which all branches will transition to the Bank First name [2]. Group 2: Company Profiles - Bank First Corporation, headquartered in Manitowoc, Wisconsin, has total assets of approximately $4.4 billion and offers a range of financial services including commercial, mortgage, and consumer lending [3]. - Centre 1 Bancorp, based in Beloit, Wisconsin, operates The First National Bank and Trust Company, which has a strong presence in southern Wisconsin and northern Illinois, focusing on full-service banking and exceptional customer service [4].