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Barack Ferrazzano Financial Institutions Group Represents Anchor Bank in Twin Cities Deal

The Barack Ferrazzano Financial Institutions Group acted as legal counsel for Anchor Bank in its acquisition of substantially all of the operating assets and deposits of Voyager Bank. Anchor's acquisition of Voyager Bank will create one of the largest locally owned and privately held community banks in the Twin Cities and the sixth largest bank in that region, with $1.5 billion in deposits and more than $1.7 billion in total assets.  The transaction is expected to close in the first half of 2015. Barack Ferrazzano's legal team was led by Joseph T. Ceithaml, along with Dennis R. Wendte, Brad A. Kopetsky and Matt R. Jones.

For more information about this merger agreement, please click here.

Anchor Bank, N.A. has been helping Minnesota customers achieve financial success, one relationship at a time, since 1967. Always privately-held and family-owned, Anchor Bank has achieved its place as one of the largest community banks focused on the Twin Cities market through a solid dedication to integrity, excellence, and commitment to its customers, its employees, and the communities it serves. Headquartered in St Paul, with 16 locations each strongly rooted in the communities of the Twin Cities and $1.4 billion in assets, Anchor Bank is proud to offer a complete range of financial services for both individual and business customers. For more information about Anchor Bank’s business and personal services, visit Anchor Bank is subsidiary of Anchor Bancorp, Inc., a Minnesota corporation located in St. Paul, MN.

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