For immediate release

The Federal Reserve Board today announced its approval of the application of Marshall & Ilsley Corporation ("M&I"), Milwaukee, Wisconsin, to merge with Security Capital Corporation ("SCC"), and thereby acquire SCC's state chartered savings bank, Security Bank SSB ("SSB"), both of Milwaukee, Wisconsin. The Board also approved the application of M&I's lead bank, Marshall & Ilsley Bank, Milwaukee, Wisconsin, to merge with SSB, and approved applications by M&I subsidiary banks to establish branches at current offices of SSB. Attached is the Board's Order relating to these actions.

Attachment (47 KB PDF)

1997 Orders on banking applications