AnchorBank

AnchorBank was a Wisconsin-based community bank founded in 1919 that served southeastern Wisconsin for nearly a century. Operating primarily in the Milwaukee and Racine areas, the bank offered traditional retail and commercial banking services including checking and savings accounts, loans, mortgages, and wealth management. The institution built its reputation on community relationships and maintained a steady network of branches in neighborhood retail centers, strip plazas, and downtown commercial districts throughout its operating region.

The bank's trajectory changed significantly in 2016 when it was acquired by IBERIABANK Corporation, a Texas-based regional bank pursuing consolidation in the sector. The acquisition marked the end of AnchorBank as an independent entity. All branches were rebranded under the IBERIABANK name, customer accounts were migrated to the acquiring platform, and the AnchorBank brand was retired entirely.

The consolidation did not stop there. IBERIABANK itself was acquired by First Horizon Bank in 2019, which subsequently became part of TD Bank's expanding footprint. Today, every former AnchorBank location operates under the TD Bank brand, and the institution's historical customer base and branch network are fully integrated into TD Bank's operations.

For commercial real estate professionals evaluating legacy bank branch sites in southeastern Wisconsin, the AnchorBank footprint remains relevant as a reference point for understanding site characteristics and lease structures from that era. These locations typically featured drive-thru banking, prominent signage rights, and positioning in accessible retail corridors. However, because AnchorBank ceased operations as an independent entity over eight years ago, there is no current expansion activity, development pipeline, or dedicated real estate team associated with the brand. Any leasing decisions or site management for former AnchorBank locations are now handled through TD Bank's corporate real estate operations.