Founded in 1892, the Wisconsin Bankers Association is the state’s largest financial industry trade association, representing more than 200 commercial banks and savings institutions and over 35,000 employees.
The Association represents banks of all sizes from banks in rural Wisconsin to the state’s largest financial institution in Green Bay, and nearly 98 percent of banks in the state are WBA members.
Mission Statement:
We promote a healthy environment for banks in Wisconsin through actively advocating for, educating, and supporting our members.
Diversity, Equity, and Inclusion Statement:
The Wisconsin Bankers Association’s (WBA) mission is to promote a healthy environment for banks in Wisconsin that, in turn, focus on helping their local communities. Ensuring that a broad mix of individuals with a variety of ideas, differing viewpoints, thought processes, backgrounds, and experiences play a meaningful role in all aspects of the banking industry is critical to the success of WBA and its members. Embracing differences and promoting equity is at the foundation of WBA as an employer and as a trade association.
Similar to the banking industry we serve, WBA understands that in order to more fully accomplish our mission, and live our values, we must leverage the diverse backgrounds, skills, knowledge, and perspectives of our members, Board of Directors, vendors, and employees. WBA is passionate about fostering a culture for members and employees where everyone feels welcome, included, empowered, and valued. This includes attracting and retaining a diverse workforce, and encouraging our staff to promote diversity, equity, and inclusion in all internal teams and across external relationships and services.
WBA Inc.
WBA has three subsidiaries and a public charity which offer cost-effective and quality products for banks:
FIPCO
FIPCO® is a customer-centric company serving financial institutions, their communities, and their customers with the highest ethics and professionalism for over 30 years. FIPCO delivers innovative solutions, provides advice, and effectively solves compliance and technology challenges for their clients. Over 45 percent of the banks in Wisconsin currently use FIPCO’s Compliance Concierge software, and many more rely on their IT Audit & Security Services and ShareFI Compliance & Management Consulting Services to assist them in protecting their customers.
Midwest Bankers Insurance Services
Owned and operated by the WBA and the Minnesota Bankers Association, Midwest Bankers Insurance Services (MBIS) is insurance for banks, from people who know banks. The associations’ joint venture is also endorsed by the North Dakota Bankers Association. Each of MBIS’ financial products is designed to protect financial institutions, their officers, directors, and employees from disasters of all kinds. As an independent agency, MBIS has access to a variety of insurance providers to help them tailor bank plans to meet each institution’s specific needs. MBIS designs and secures programs specifically for community banks located in the Midwest, and it exclusively serves the financial industry.
WBA Employee Benefits Corporation (WBA EBC)/Trust
WBA EBC was founded in 1982 to market and administer insurance programs for WBA members and their customers. EBC’s primary focus is the administration and marketing of the Wisconsin Bankers Association Insurance Trust (WBAIT), which provides employee benefits coverage to bank members of the WBA and their employees, including health, life, and disability coverages. Learn more about WBAs partnership with UnitedHealthcare (UHC) to provide the WBA Association Health Plan (AHP).
Wisconsin Bankers Foundation
The Wisconsin Bankers Foundation (WBF) is a Wisconsin non-stock corporation organized for charitable and educational purposes dedicated to promoting financial literacy and financial responsibility to the public and to broaden consumer empowerment in the financial services industry primarily through research and education. The WBF assists consumers by providing information that helps them make sound choices about financial products, offering grants to advance the education of instructors in both the public and private sectors, and providing consumer education through seminars and performing research.
