Wisconsin mutual banks are moving to consolidate after a planned acquisition agreement involving 1895 Bancorp. According to the reports, 1895 Bancorp, a stock-traded bank based in Greenfield, Wisconsin, experiences challenges following a difficult period in 2023 and subsequently engages an investment bank to explore strategic options. Those discussions lead to an agreement for a Wisconsin mutual institution to buy the stock-traded rival. The deal is described as an effort to pursue strategic opportunities after the seller’s 2023 setback, with the process initiated through advisor-led exploration. While the provided excerpts do not specify deal value, regulatory milestones, or timing, both outlets characterize the transaction as a direct acquisition agreement between the mutual acquirer and 1895 Bancorp. The available information also indicates that 1895 Bancorp takes steps to evaluate alternatives before arriving at the mutual acquisition arrangement. Further details such as purchase price, expected closing date, and any conditions are not included in the supplied text.