Intercity and One Community Bank finalize merger
Merger will enhance client experiences and strengthen our community commitment.
SCHOFIELD, WI – [August 1] – Intercity State Bank (Intercity) and One Community Bank (OCB) are pleased to announce the successful completion of their planned merger, following receipt of all required regulatory approvals. Effective today, August 1, Intercity will operate as Intercity State Bank – branch of One Community Bank. This merger brings together two like-minded community banks with a shared mission to serve clients, support colleagues, and invest in our local communities.
The relationship between the two organizations is long-standing. Steve Peotter, OCB President and CEO, has served on the Intercity Board of Directors for the past decade. The banks have partnered on several significant projects in the greater Wausau area. And, the combined organization continues to be owned by the same shareholder group, further reinforcing our aligned mission and values.
“Both the OCB and Intercity teams have a strong focus on personalized service and community values. We have been working hard to ensure a seamless transition for our valued clients. Together, we are deeply committed to continuing to grow in North Central Wisconsin,” said Chris Pfender, Regional President, Intercity State Bank.
“I am excited to have Intercity State Bank join One Community Bank in 2025,” said Steve Peotter. “I have enjoyed the opportunity to get to know the Intercity team over the years. Through this merger and our aligned approach, we will enhance our clients’ experience, provide expanded career opportunities for colleagues, and elevate our support of the greater Wausau community.
Clients will continue to enjoy exceptional service from the people they know and trust in Schofield, Weston, and Wausau. No action is needed by Intercity clients.
Learn more about One Community Bank here
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