Money

NorthWest Indiana Bancorp, Peoples Bank complete purchase of Illinois-based AJS Bancorp Inc.

NorthWest Indiana Bancorp of Munster, the parent of Peoples Bank SB, announced Jan. 24 it had completed its purchase of AJS Bancorp Inc. and its wholly-owned subsidiary, A.J. Smith Federal Savings Bank of Midlothian, Ill. in a stock and cash transaction. The company announced the deal on July 31. A.J. Smith Federal Savings Bank operated

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Latest acquisition by La Porte-based broadband provider Surf Air Wireless expands reach into Michigan

La Porte-based Surf Air Wireless, a broadband service provider, announced Jan. 18 it raised $40 million in capital with Post Road Group and acquired FreedomNet Wireless of Michigan. With the addition of FreedomNet, Surf Air Wireless now provides coverage north to Grand Rapids, Mich. and south past U.S. 30. A message on FreedomNet’s website notes

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