Anchor BanCorp Wisconsin Inc. is a savings and loan holding company engaged in the savings and loan business through its wholly owned banking subsidiary, AnchorBank, fsb (the Bank). The Company also has a non-banking subsidiary, Investment Directions, Inc. (IDI), which invests in real estate partnerships. IDI has two subsidiaries, Nevada Investment Directions, Inc. (NIDI) and California Investment Directions, Inc. (CIDI), both of which invest in real estate held for development and sale. The Bank was organized in 1919 as a Wisconsin-chartered savings institution. In July 2000, it converted to a federally chartered savings institution. It offers checking, savings, money market accounts, mortgages, home equity and other consumer loans, student loans, credit cards, annuities and related consumer financial services. The Bank also offers banking services to businesses, including checking accounts, lines of credit, secured loans and commercial real estate loans.