Bank First Announces 47 Layoffs Across Wausau-Area Locations Ahead of Merger
Bank First is laying off 47 employees across three Wausau-area locations as part of its merger with Peoples State Bank. The layoffs are scheduled to occur between December 4 and December 18.
Wausau Rhinelander, WI, October 6, 2026 — Bank First has announced it will be laying off 47 employees. The workforce reduction will affect individuals across three Wausau-area locations.
These layoffs are a direct consequence of the ongoing merger between Bank First and Peoples State Bank. The process of integrating the two financial institutions has led to the decision to reduce staff numbers.
The affected employees are located at three distinct Bank First branches within the Wausau area. Specific details regarding which locations are impacted or the roles of the departing employees were not provided in the summary.
The timeline for these layoffs has been established, with all workforce adjustments set to take place between December 4 and December 18. The company has not provided further information regarding severance packages or support for the employees affected by these changes.
The merger between Bank First and Peoples State Bank is proceeding, and these layoffs represent a step in the consolidation process. Further details on the integration or its broader impact on services and staffing at either institution have not been publicly disclosed in the provided summary.
Story summarized from the original created by Desiree Fischer on www.wsaw.com, see more information here.
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