FOR IMMEDIATE RELEASE
December 11, 2025
ARGYLE, WI — The Village of Argyle is pleased to announce that the Village Board voted unanimously on December 10, 2025, to enter into a Commercial Offer to Purchase the building located at 321 E. Milwaukee Street, currently operating as First National Bank & Trust / Bank First.
The bank will continue normal operations through December 31, 2025. Following its scheduled closure at this location, the Village anticipates closing on the property on January 15, 2026.
The purchase price authorized by the Board is $262,500, covering the three downtown parcels at this site.
This acquisition is intended to support the creation of a fully ADA-accessible community hub, with space planned for library services, senior programming, a community meeting room, and additional public parking. It will also allow the Village to reconfigure its existing Village Hall to bring more day-to-day operations onto the first level and improve accessibility there as well.
For additional information, please contact:
Joe Schutte, Director of Economic & Community Development
joe.schutte@argylewi.gov | (608) 482-2293