River Valley Bank pays back 2009 bailout money

River Valley customers in both Wisconsin and Michigan will be glad to hear the bank has finished its recovery process, coming out the other side one of the highest-valued banks in Wisconsin.

Excerpt: Wausau’s River Valley Bank recently achieved two milestones: topping $1 billion in assets and exiting the federal government’s Troubled Asset Relief Program, better known as TARP.

With more than $1 billion in assets, River Valley is the 10th-largest bank based in Wisconsin. Of more than 260 banks headquartered in the state, only 11 non-specialty banks have more than $1 billion in assets.

For the whole story go here.

Source: Milwaukee Journal-Sentinel