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BREAKING: Wisconsin Assembly Passes Budget Without Debate 55-42

MADISON, WI (WTAQ) - In an unusual move, the Wisconsin Assembly passed the proposed two-year state budget without much of a debate. The abrupt vote was 55-42. Minority Democrats did not offer any amendments. Minority Leader Peter Barca says it became clear Republicans were not open to changing the $70 billion spending package. Included in the budget, is the statewide expansion of the school choice program – along with a $650 million income tax cut, a refusal to take new federal Medic...

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Fewer bank branch locations in Badger State

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Bank
Bank

MADISON, WI (WTAQ) - Wisconsinites are finding fewer places to do their banking.

The FDIC said Tuesday that the total number of bank branches dropped by almost one-and-a-half percent over the past year, to 2,287 as of June 30th.

Wisconsin has lost over 100 bank branches since the Great Recession made its presence known in 2008. Officials say banks have been cutting expenses to cover higher regulatory costs – and to make up for bad loans during the troubled economy.

Some analysts say a growth in online banking has reduced the need for at least some brick-and-mortar facilities.

Metro Milwaukee has 577 bank branches this year – 35 fewer than in both 2008-and-’09.

Nationally, bank branches dropped by almost one-percent, to just over 97,000.

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