Nicolet to rebrand 13 Twin Cities branches
Nicolet Bank will acquire MidWestOne Bank in an $864 million merger and rebrand MidWestOne's 13 Twin Cities branches, significantly expanding its presence beyond its current two metro locations. The combined entity's CEO said Friday that the Minneapolis-Saint Paul region will be a primary growth market, with potential for additional acquisitions.
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đ Key Facts
- Deal value: $864 million merger between Nicolet Bank and MidWestOne Bank
- 13 MidWestOne branches in the Twin Cities will be renamed under Nicolet
- Nicolet currently has two metro locations; CEO calls the Twin Cities a primary growth market and signals possible further acquisitions
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November 07, 2025