AMCORE FINANCIAL INC
			Symbol			AMFI

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

AMCORE Bank's New Glarus and Belleville Branches Sold to Union Bank & Trust Company

2009-11-19 18:09 ET - News Release

ROCKFORD, Ill., Nov. 19, 2009 (GLOBE NEWSWIRE) -- AMCORE Bank, N.A., a wholly-owned subsidiary of AMCORE Financial, Inc. (Nasdaq:AMFI), today announced that it has completed the sale of its branches in the Wisconsin communities of New Glarus and Belleville to Union Bank & Trust Company of Evansville, WI. The sale included approximately $19 million in loans, $31 million in deposits and sweep accounts. The financial terms of the transaction were not disclosed.

In making the announcement, AMCORE Chairman and Chief Executive Officer William McManaman said: "The sale of these branches is another step in AMCORE's strategic efforts to raise capital as we continue to focus on serving our core markets. We are pleased that Union Bank & Trust Company has a strong community banking philosophy and we believe it will continue to serve customers with the high quality service that AMCORE proudly provided."

Union Bank & Trust Company's President, Christopher Eager added, "The purchase of the New Glarus office fits well with our family of banks and allows us to serve a broader market. The consolidation of the Belleville office into our existing location strengthens our commitment to the Belleville area."

The remainder is available to Stockwatch subscribers.
If you would like to give the Stockwatch system a try, click here for a free 30 day trial subscription.