The election for the Federal Home Loan Bank of Chicago (FHLBC) Member and Independent Directors is underway. Voting is electronic this year and must be done by Nov. 5, 2019. They have partnered with Survey & Ballot Systems (SBS) to administer the process.
There are two Wisconsin bankers running for the election. John K. Reinke, Chairman, Board of Directors, The Stephenson National Bank & Trust, Marinette (who is an incumbent); and Bradley Schroeder, President and CEO, DMB Community Bank, DeForest.
Wisconsin bankers are strongly encouraged to vote in the Independent Director Election.
A few comments to remember:
- In this year’s Wisconsin member director election, members may vote for ONE candidate listed on the ballot to fill the one directorship that is available. The member must submit the ballot by the deadline on November 5, 2019.
- Each member must have a resolution of its Board or governing body on file authorizing officers or directors to vote the members’ ballot, but it is not necessary that a copy of the resolution be supplied at time of voting. It simply needs to be available in case of an audit.
if you have any questions, please contact Dana Gibbs at 312-565-5317 or via email.
Reinke, John K.
Chairman, Board of Directors
The Stephenson National Bank & Trust
John K. Reinke has been with The Stephenson National Bank & Trust since 1974 where he served as President from 2000 to 2013. Mr. Reinke currently serves as Chair of the Board of Directors of The Stephenson National Bank & Trust, subsequent to his retirement as President and CEO in April 2013.
Mr. Reinke previously served on the Government Relations Administrative Council for the American Bankers Association. In addition, he served on the Board of the Wisconsin Bankers Association from 2002 through 2008, and as Board Chairman from 2006 to 2007.
Ever an advocate for the financial industry, in 2012 he began his appointment to the Board of Directors of the Federal Home Loan Bank of Chicago, where he currently serves as Vice Chairman.
Mr. Reinke’s long history of civic involvement includes involvement in numerous boards throughout the Marinette, Wisconsin and Menominee, Michigan area, including being a Founding Member and President of the M&M Area Community Foundation; President of the University of Wisconsin - Marinette Foundation, Inc.; Chairman of the Menominee Area Chamber of Commerce; and President of M&M Area Great Lakes Sport Fishermen. Mr. Reinke is also a recipient of the Ron Wipfli Person of the Year Award.
He is a graduate of the University of Wisconsin-Marinette and the Graduate School of Banking, Madison.
Chairman, President and CEO
DMB Community Bank
Bradley Schroeder has been with DMB Community Bank since 1999 and since 2006 he has served as the President and CEO of the Bank and Holding Company. DMB Community Bank is a $500 million commercial bank chartered in DeForest, Wisconsin in 1922.
In addition to his various roles in banking, for six years he held an Adjunct Faculty position with Cardinal Stritch University, in Milwaukee, Wisconsin, where he taught graduate courses in Managerial Finance.
Mr. Schroeder serves as the President of the DeForest Area Foundation and previously served as the President of the DeForest Area Chamber of Commerce.
He holds a Bachelor of Science degree in Finance from the University of Wisconsin - LaCrosse and earned a Master of Business Administration from Edgewood College.