AnchorBank Shutting Branches, Cutting Jobs

Wisconsin’s AnchorBank will shutter branch offices in Madison, Neenah and Oshkosh later this year.

The move will eliminate 19 positions.

AnchorBank will be left with 73 Wisconsin offices, and more than 1,100 employees.

The affected employees will be given priority for vacant positions within the company.

AnchorBank is owned by Anchor BanCorp Wisconsin, which lost $167.3 million during the last quarter of 2008.