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Bank Midwest acquires The Insurance Center of New Ulm

January 17, 2011
The Journal

NEW ULM - Bank Midwest and The Insurance Center of New Ulm have recently joined forces.

Steve Schmitt and Bonnie Weisensel of The Insurance Center of New Ulm will join Bank Midwest and continue servicing existing customers as well as assisting new customers with insurance services.

"Our priority is making this a smooth transition for our clients," said Schmitt. "Bonnie and I have been serving the New Ulm community since 1975. We're very excited to be a part of Bank Midwest. Our customers will really enjoy the added convenience and getting to know this well-respected team of professionals."

By joining Bank Midwest, The Insurance Center will be able to offer more financial services. Bank Midwest offers traditional banking solutions such as checking, savings and loans as well as investment and trust services.

The Insurance Center will continue to operate in its existing location on North Minnesota Street. The Bank Midwest office is located on Broadway. Customers may visit either location for assistance.

Bank Midwest has been providing communities in northern Iowa and southern Minnesota with full-service financial solutions for over a century. Bank Midwest is currently $575 million in assets with locations in Fairmont, Jackson, New Ulm, Windom, and Westbrook, and Okoboji, Armstrong, Wall Lake, and Spirit Lake, Iowa.



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