Mcfarland state bank stoughton wi

August 25, 2021 / Rating: 4.5 / Views: 914

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A dark money group wholly funded by House Bill 6 beneficiary and Columbus utility giant American Electric Power contributed 0,000 toward the campaigns now at the center of a racketeering and bribery case that ensnared House Speaker Larry Householder, an investigation by the Columbus Dispatch finds. Empowering Ohio’s Economy Inc., a nonprofit operated solely with AEP funds, gave 0,000 to Generation Now, another dark money group that received million from Akron-based First Energy-related interests to ensure passage and survival of a S billion ratepayer bailout of a subsidiary’s pair of nuclear power plants. The American Electric Power corporate headquarters seen Thursday, April 29, 2004 in Columbus, Ohio. AEP said on Thursday that earnings dropped 36 percent in the first quarter compared with a year ago when the company had a large accounting gain. Empowering Ohio also gave 0,000 to the Coalition for Opportunity & Growth, which is related to a similarly named political action committee that spent S million to the 2018 campaigns of Householder-favored Republican candidates to help ensure that he had their votes to become speaker. An affidavit filed by an FBI agent in the racketeering case details spending of 0,000 by an unidentified “interest group that was funded exclusively by million from another energy company that supported HB 6.” A source close to the investigation confirmed to the Dispatch that the energy company is American Electric Power, a publicly traded company that serves 5.5 million customers in 11 states and earned

Mcfarland state bank stoughton wi

Oregon Community Bank and Mc Farland State Bank today jointly announced they have signed a definitive agreement to merge their institutions. Subject to regulatory approval, the merger is expected to take place in the first quarter of 2020. “This merger is an excellent fit for both organizations and will create one of the largest community banks in Dane County with over $1.1 billion in assets,” said E. David Locke, Chairman and CEO of Mc Farland State Bank. “It brings together two locally-run, family-owned banking organizations that have strong, customer-focused staffs and a culture rich in service to the community. By combining our two family-owned banks and the talent of our staffs, we will be poised to expand our footprint in South Central Wisconsin more efficiently and effectively. The combination allows us to offer additional products, additional lending capabilities and new technologies important to our customers and vital to the future success of thriving community banks like ours.” The combined organization will have 11 offices located in Mc Farland, Sun Prairie, Middleton, Waunakee, Adams, Oxford, Grand Marsh, two offices in Oregon and two in Stoughton. There are no planned layoffs or reductions in staff expected as a result of this new partnership. “We believe this is an amazing opportunity to grow in South Central Wisconsin,” said Steve Peotter, President and Chief Executive Officer of Oregon Community Bank. “As part of this merger, we will be reinvesting across the board and growing to meet the needs of the communities we serve. Oregon Community Bank’s mission is to serve clients, support colleagues, and invest in our communities. Our commitment to exceptional client service can only be achieved through our dedicated colleagues. Oregon Community Bank and Mc Farland State Bank today jointly announced they have signed a definitive agreement to merge their institutions. Subject to regulatory approval, the merger is expected to take place in the first quarter of 2020. “This merger is an excellent fit for both organizations and will create one of the largest community banks in Dane County with over $1.1 billion in assets,” said E. David Locke, Chairman and CEO of Mc Farland State Bank. “It brings together two locally-run, family-owned banking organizations that have strong, customer-focused staffs and a culture rich in service to the community. By combining our two family-owned banks and the talent of our staffs, we will be poised to expand our footprint in South Central Wisconsin more efficiently and effectively. The combination allows us to offer additional products, additional lending capabilities and new technologies important to our customers and vital to the future success of thriving community banks like ours.” The combined organization will have 11 offices located in Mc Farland, Sun Prairie, Middleton, Waunakee, Adams, Oxford, Grand Marsh, two offices in Oregon and two in Stoughton. There are no planned layoffs or reductions in staff expected as a result of this new partnership. “We believe this is an amazing opportunity to grow in South Central Wisconsin,” said Steve Peotter, President and Chief Executive Officer of Oregon Community Bank. “As part of this merger, we will be reinvesting across the board and growing to meet the needs of the communities we serve. Oregon Community Bank’s mission is to serve clients, support colleagues, and invest in our communities. Our commitment to exceptional client service can only be achieved through our dedicated colleagues.

date: 25-Aug-2021 22:00next

.1 billion last year. The “social welfare” nonprofit is not required to disclose its donors or the source of its funding. The board of Empowering Ohio’s Economy — which approved the HB 6-related spending — includes AEP’s top lobbyist, one of Republican Householder’s predecessors as House speaker, a former congressman and a friend of Republican Gov. AEP spokesman Scott Blake said the utility has not been contacted by investigators “and none of the wrongful conduct in the criminal complaint involves AEP or its subsidiaries. Neither AEP nor any of its subsidiaries made any contributions to Generation Now.” The utility gives to a variety of social welfare nonprofits, including Empowering Ohio’s Economy to support its mission of promoting economic and business development and education programs, he said. AEP does not comment on specific contributions or amounts, he added. “These contributions were done appropriately, and we have every reason to believe that the organizations we support have acted in a lawful and ethical manner,” Blake added. AEP benefited from the passage of House Bill 6 with its six-year-plus extension through 2030 of a monthly surcharge of up to S.50 on Ohio electricity customers. The fee generates about million a year to subsidize a pair of old coal-burning power plants it partly owns in a consortium with other utilities. The plants — Kyger Creek near Cheshire, Ohio, and Clifty Creek near Madison, Indiana — were built in the mid-1950s to supply electricity to the former uranium-enrichment plant near Piketon, Ohio. AEP owns the biggest stake in the coal plants at 43% and buys about 60% of the electricity generated by the plants. The board of directors of Empowering Ohio’s Economy includes Thomas Froehle, vice president of external affairs for AEP — its top lobbyist. He testified before the General Assembly in support of House Bill 6. Other board members include former Republican House Speaker Jo Ann Davidson; former Congressman David Hobson, R-Springfield; and J. Hadden, a lawyer who has represented AEP and a friend to De Wine. AEP registered 23 lobbyists to work the 132 lawmakers to pass the legislation last year. Hadden, president of the nonprofit’s board, was treasurer of De Wine’s 2014 attorney general re-election campaign. “I don’t know what they were up to,” Hadden said of Generation Now and Coalition for Opportunity & Growth, adding he did not recall which board member sought the funding. He said he never discussed the matter with De Wine. While he did not have access to records, Hadden disputed the nonprofit had received million in funding as listed in the FBI affidavit. The group’s IRS filings show it received million total in 20, with no contributions the past two years. IRS tax forms before 2016 are not available online. The group’s address is listed as the downtown Columbus office of Davidson, who serves as secretary-treasurer. A working telephone number for Hobson could not be located. The Coalition for Opportunity & Growth, the independent expenditure political action committee which received 0,000 from the AEP dark money group in 2017, the dark-money Coalition & Opportunity PAC that backed Householder candidates and Generation Now all were incorporated by Eric Lycan, a lawyer and Republican consultant in Lexington, Kentucky. While not identified in the affidavit, the Coalition for Opportunity & Growth cash went largely unused until early this year when it went out to support Householder-blessed candidates in the GOP primary, the FBI affidavit said. It was laundered through the related PAC to conceal its association with Generation Now, the FBI affidavit states. “Generation Now had generated negative media publicity in 2019 and candidates expressed concern to Householder about their association with it.” The FBI affidavit said First Energy interests provided 0,000 to the group, which paid ,000 to Generation Now, 1,000 to a media-placement firm, 0,000 to a public relations firm and 0,000 to JPL & Associates, a firm controlled by Jeff Longstreth, Householder’s top political aide. Longstreth is among those arrested and facing up to 20 years in prison if convicted in the HB 6 case. Despite those amounts, the Coalition for Opportunity & Growth reported spending only 2,835 in its filings with the Federal Election Commission. Empowering Ohio’s Economy spent S.7 million between 20 (its 2019 tax form was not available) on a variety of charitable and civic endeavors. Its biggest expenditure of 0,000 went to the host committee of the Republican National Convention in Cleveland in 2016. It also gave 0,000 to the Capitol Square Foundation, of which Davidson is a board member and which benefits the Statehouse, and 0,000 to Two Paths America, a nonprofit created amid former GOP Gov. John Kasich’s 2016 presidential run to promote his positions. Householder and four others were arrested Tuesday following an FBI investigation that captured phone calls, text messages and recordings of meetings centering around the alleged pay-to-play scheme described by U. Attorney David De Villers as the largest public corruption case in Ohio history. A dark money group wholly funded by House Bill 6 beneficiary and Columbus utility giant American Electric Power contributed 0,000 toward the campaigns now at the center of a racketeering and bribery case that ensnared House Speaker Larry Householder, an investigation by the Columbus Dispatch finds. Empowering Ohio’s Economy Inc., a nonprofit operated solely with AEP funds, gave 0,000 to Generation Now, another dark money group that received million from Akron-based First Energy-related interests to ensure passage and survival of a S billion ratepayer bailout of a subsidiary’s pair of nuclear power plants. The American Electric Power corporate headquarters seen Thursday, April 29, 2004 in Columbus, Ohio. AEP said on Thursday that earnings dropped 36 percent in the first quarter compared with a year ago when the company had a large accounting gain. Empowering Ohio also gave 0,000 to the Coalition for Opportunity & Growth, which is related to a similarly named political action committee that spent S million to the 2018 campaigns of Householder-favored Republican candidates to help ensure that he had their votes to become speaker. An affidavit filed by an FBI agent in the racketeering case details spending of 0,000 by an unidentified “interest group that was funded exclusively by million from another energy company that supported HB 6.” A source close to the investigation confirmed to the Dispatch that the energy company is American Electric Power, a publicly traded company that serves 5.5 million customers in 11 states and earned

Mcfarland state bank stoughton wi

Oregon Community Bank and Mc Farland State Bank today jointly announced they have signed a definitive agreement to merge their institutions. Subject to regulatory approval, the merger is expected to take place in the first quarter of 2020. “This merger is an excellent fit for both organizations and will create one of the largest community banks in Dane County with over $1.1 billion in assets,” said E. David Locke, Chairman and CEO of Mc Farland State Bank. “It brings together two locally-run, family-owned banking organizations that have strong, customer-focused staffs and a culture rich in service to the community. By combining our two family-owned banks and the talent of our staffs, we will be poised to expand our footprint in South Central Wisconsin more efficiently and effectively. The combination allows us to offer additional products, additional lending capabilities and new technologies important to our customers and vital to the future success of thriving community banks like ours.” The combined organization will have 11 offices located in Mc Farland, Sun Prairie, Middleton, Waunakee, Adams, Oxford, Grand Marsh, two offices in Oregon and two in Stoughton. There are no planned layoffs or reductions in staff expected as a result of this new partnership. “We believe this is an amazing opportunity to grow in South Central Wisconsin,” said Steve Peotter, President and Chief Executive Officer of Oregon Community Bank. “As part of this merger, we will be reinvesting across the board and growing to meet the needs of the communities we serve. Oregon Community Bank’s mission is to serve clients, support colleagues, and invest in our communities. Our commitment to exceptional client service can only be achieved through our dedicated colleagues. Oregon Community Bank and Mc Farland State Bank today jointly announced they have signed a definitive agreement to merge their institutions. Subject to regulatory approval, the merger is expected to take place in the first quarter of 2020. “This merger is an excellent fit for both organizations and will create one of the largest community banks in Dane County with over $1.1 billion in assets,” said E. David Locke, Chairman and CEO of Mc Farland State Bank. “It brings together two locally-run, family-owned banking organizations that have strong, customer-focused staffs and a culture rich in service to the community. By combining our two family-owned banks and the talent of our staffs, we will be poised to expand our footprint in South Central Wisconsin more efficiently and effectively. The combination allows us to offer additional products, additional lending capabilities and new technologies important to our customers and vital to the future success of thriving community banks like ours.” The combined organization will have 11 offices located in Mc Farland, Sun Prairie, Middleton, Waunakee, Adams, Oxford, Grand Marsh, two offices in Oregon and two in Stoughton. There are no planned layoffs or reductions in staff expected as a result of this new partnership. “We believe this is an amazing opportunity to grow in South Central Wisconsin,” said Steve Peotter, President and Chief Executive Officer of Oregon Community Bank. “As part of this merger, we will be reinvesting across the board and growing to meet the needs of the communities we serve. Oregon Community Bank’s mission is to serve clients, support colleagues, and invest in our communities. Our commitment to exceptional client service can only be achieved through our dedicated colleagues.

date: 25-Aug-2021 22:00next

.1 billion last year. The “social welfare” nonprofit is not required to disclose its donors or the source of its funding. The board of Empowering Ohio’s Economy — which approved the HB 6-related spending — includes AEP’s top lobbyist, one of Republican Householder’s predecessors as House speaker, a former congressman and a friend of Republican Gov. AEP spokesman Scott Blake said the utility has not been contacted by investigators “and none of the wrongful conduct in the criminal complaint involves AEP or its subsidiaries. Neither AEP nor any of its subsidiaries made any contributions to Generation Now.” The utility gives to a variety of social welfare nonprofits, including Empowering Ohio’s Economy to support its mission of promoting economic and business development and education programs, he said. AEP does not comment on specific contributions or amounts, he added. “These contributions were done appropriately, and we have every reason to believe that the organizations we support have acted in a lawful and ethical manner,” Blake added. AEP benefited from the passage of House Bill 6 with its six-year-plus extension through 2030 of a monthly surcharge of up to S.50 on Ohio electricity customers. The fee generates about million a year to subsidize a pair of old coal-burning power plants it partly owns in a consortium with other utilities. The plants — Kyger Creek near Cheshire, Ohio, and Clifty Creek near Madison, Indiana — were built in the mid-1950s to supply electricity to the former uranium-enrichment plant near Piketon, Ohio. AEP owns the biggest stake in the coal plants at 43% and buys about 60% of the electricity generated by the plants. The board of directors of Empowering Ohio’s Economy includes Thomas Froehle, vice president of external affairs for AEP — its top lobbyist. He testified before the General Assembly in support of House Bill 6. Other board members include former Republican House Speaker Jo Ann Davidson; former Congressman David Hobson, R-Springfield; and J. Hadden, a lawyer who has represented AEP and a friend to De Wine. AEP registered 23 lobbyists to work the 132 lawmakers to pass the legislation last year. Hadden, president of the nonprofit’s board, was treasurer of De Wine’s 2014 attorney general re-election campaign. “I don’t know what they were up to,” Hadden said of Generation Now and Coalition for Opportunity & Growth, adding he did not recall which board member sought the funding. He said he never discussed the matter with De Wine. While he did not have access to records, Hadden disputed the nonprofit had received million in funding as listed in the FBI affidavit. The group’s IRS filings show it received million total in 20, with no contributions the past two years. IRS tax forms before 2016 are not available online. The group’s address is listed as the downtown Columbus office of Davidson, who serves as secretary-treasurer. A working telephone number for Hobson could not be located. The Coalition for Opportunity & Growth, the independent expenditure political action committee which received 0,000 from the AEP dark money group in 2017, the dark-money Coalition & Opportunity PAC that backed Householder candidates and Generation Now all were incorporated by Eric Lycan, a lawyer and Republican consultant in Lexington, Kentucky. While not identified in the affidavit, the Coalition for Opportunity & Growth cash went largely unused until early this year when it went out to support Householder-blessed candidates in the GOP primary, the FBI affidavit said. It was laundered through the related PAC to conceal its association with Generation Now, the FBI affidavit states. “Generation Now had generated negative media publicity in 2019 and candidates expressed concern to Householder about their association with it.” The FBI affidavit said First Energy interests provided 0,000 to the group, which paid ,000 to Generation Now, 1,000 to a media-placement firm, 0,000 to a public relations firm and 0,000 to JPL & Associates, a firm controlled by Jeff Longstreth, Householder’s top political aide. Longstreth is among those arrested and facing up to 20 years in prison if convicted in the HB 6 case. Despite those amounts, the Coalition for Opportunity & Growth reported spending only 2,835 in its filings with the Federal Election Commission. Empowering Ohio’s Economy spent S.7 million between 20 (its 2019 tax form was not available) on a variety of charitable and civic endeavors. Its biggest expenditure of 0,000 went to the host committee of the Republican National Convention in Cleveland in 2016. It also gave 0,000 to the Capitol Square Foundation, of which Davidson is a board member and which benefits the Statehouse, and 0,000 to Two Paths America, a nonprofit created amid former GOP Gov. John Kasich’s 2016 presidential run to promote his positions. Householder and four others were arrested Tuesday following an FBI investigation that captured phone calls, text messages and recordings of meetings centering around the alleged pay-to-play scheme described by U. Attorney David De Villers as the largest public corruption case in Ohio history.

date: 25-Aug-2021 22:00next


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