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Apr 27, 2021 MANISTIQUE Nicolet National Bank, headquartered in Green Bay, Wis., will expand its reach into Michigan with the acquisition of Mackinac Financial Corp., parent company of mBank, for a mix of cash and stock valued at $248 million. “The acquisition of mBank is an important step in Nicolet’s planned growth,” said Mike Daniels, president and CEO of Nicolet National Bank. “This deal is not about expanded geographies but rather about the characteristics of the communities we will serve. Together we will combine two organizations that understand the positive impact that a strong community bank can make. We look forward to becoming an integral part of the Upper Peninsula and northern Michigan.”

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