Landmark Credit Union to Acquire American National Bank-Fox Cities

Acquisition will add $419 million in assets and expand Landmark's footprint in northeast Wisconsin

Mar. 10, 2026 at 5:03pm

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Landmark Credit Union has entered into a definitive agreement to purchase American National Bank-Fox Cities, a move that will add approximately $419 million in assets, including $328 million in loans, to Landmark's operations. The acquisition is part of Landmark's strategy to deepen its presence in key Wisconsin markets and expand its commercial banking services.

Why it matters

The deal represents a significant expansion for Landmark Credit Union, allowing it to grow its asset base and commercial banking offerings in northeast Wisconsin. It also reflects the ongoing consolidation in the banking industry as smaller institutions seek to partner with larger players to remain competitive.

The details

Under the terms of the agreement, Landmark will acquire all of American National Bank-Fox Cities' assets and operations, including its full-service branch in Appleton and loan production office in Green Bay. The acquisition aligns with Landmark's goal of growing in key geographic markets and strengthening its deposit relationships. Upon completion of the deal, all American National Bank-Fox Cities employees will be offered continued employment with Landmark.

  • The transaction is expected to close in the second half of 2026, pending customary regulatory and shareholder approvals.

The players

Landmark Credit Union

A credit union that has served members for more than 90 years and is seeking to expand its presence in key Wisconsin markets.

American National Bank-Fox Cities

A nationally chartered, OCC-regulated bank founded in 1993 that offers banking services to individual and corporate customers in the Fox Cities region of Wisconsin.

Timothy Mackay

The president and CEO of Landmark Credit Union.

Paul Northway

The president and CEO of American National Bank-Fox Cities.

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What they’re saying

“This acquisition represents a meaningful step forward in our commitment to deepen our presence in key Wisconsin markets.”

— Timothy Mackay, President and CEO, Landmark Credit Union

“Since 1993 we have supported our business clients through a unique 'entrepreneurs serving entrepreneurs' approach to banking. We are pleased to find a partner in Landmark Credit Union that shares similar values for putting people first and building strong communities.”

— Paul Northway, President and CEO, American National Bank-Fox Cities

What’s next

The transaction is expected to close in the second half of 2026, pending customary regulatory and shareholder approvals.

The takeaway

The acquisition of American National Bank-Fox Cities by Landmark Credit Union represents a strategic move to expand Landmark's commercial banking presence and asset base in northeast Wisconsin, reflecting the ongoing consolidation in the banking industry as smaller institutions seek to partner with larger players.