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DEPARTMENT OF FINANCIAL INSTITUTIONS FOR THE STATE OF WISCONSIN - fdic

DEPARTMENT OF FINANCIAL INSTITUTIONS FOR THE STATE OF WISCONSIN - fdic 2025

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The document is a Consent Order issued by the Federal Deposit Insurance Corporation (FDIC) and the Wisconsin Department of Financial Institutions regarding Mid-Wisconsin Bank. It outlines various corrective actions the bank must take to address unsafe banking practices and regulatory violations, including management qualifications, capital maintenance, loan restrictions, liquidity planning, and strategic planning. The order mandates specific timelines for compliance and requires regular progress reports to ensure adherence to the outlined provisions.

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Do I need to register with the Wisconsin Department of Financial Institutions?

Corporations, limited liability companies, limited liability partnerships, limited partnerships, nonprofits, and franchises MUST register with DFI .

How do I fix a delinquent LLC in Wisconsin?

Reinstating an LLC in Wisconsin requires filing a reinstatement application with the Wisconsin Department of Financial Institutions (DFI) - Corporation Section and may require payment of penalty fees.

What does the Wisconsin Department of Financial Institutions do?

Our Work. Our department regulates state-chartered banks and credit unions, licensed financial service providers, charitable organizations, commissioned notaries, and the securities industry. Our department also issues notary public commissions and apostilles, and registers trademarks.

What is the FDIC financial institution?

The Federal Deposit Insurance Corporation (FDIC) is an independent agency created by the Congress to maintain stability and public confidence in the nations financial system.

Is my money safe in an FDIC bank?

The Federal Deposit Insurance Corporation (FDIC) is an independent agency of the United States government. If an FDIC-insured bank for savings association fails, the FDIC protects depositors against the loss of their insured deposits.

What type of agency is the FDIC?

The Federal Deposit Insurance Corporation (FDIC) is an independent agency created by Congress to maintain stability and public confidence in the nations financial system.

DEPARTMENT OF FINANCIAL INSTITUTIONS FOR THE STATE OF WISCONSIN - fdic 2025

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