By:
Leader Staff
The Shawano Municipal Utilities Commission on Monday voted to stick with BMO Harris, formerly M&I Bank, in Shawano for another five years.
The commission is required to request proposals for its banking services every five years.
The commission heard presentations from BMO and Premiere Community Bank.
Brian Knapp, SMU general manager and city administrator, said the two banks were very close in terms of scoring on all of the criteria, but BMO’s size and the utility’s experience dealing with that bank tipped the scale in BMO’s favor.
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