Monona Bankshares to merge with State Bank of Cross Plains.

Monona Bankshares, a holding company of Monona Bank, agreed to merge with State Bank of Cross Plains, a bank. Financial terms are not disclosed. “This joint venture makes sense for many reasons, especially since both banks are locally owned and share a similar set of core values and leadership philosophies. The merger demonstrates a dedication to promoting opportunity and prosperity within our communities throughout South Central Wisconsin," Paul Hoffmann, SBCP CEO.