Archive for category: Member News

Wolf River Community Bank has announced several promotions within their organization:

Janelle Donaldson has been promoted to assistant vice president – deposit operations manager. She now manages the deposit operations and electronic banking team. Donaldson directs retail operations, including procedures management, new account and maintenance reviews, document archiving, and deposit origination processes. She also oversees the electronic banking functions, such as treasury management, ACH Origination, debit cards and disputes. Donaldson has been with Wolf River Community Bank for over a year and a half. She brings significant knowledge and skills from her 30 years of banking experience in retail, deposit operations, and electronic banking. She has a Bachelor of Science in Business Administration/Marketing from Bemidji State University in Minnesota and has lived in the Fox West area for over 30 years. She has an AAP designation as an accredited ACH Professional in the payments industry.

Amanda Hayden has been promoted to treasury management officer. In this new role, Hayden will be responsible for growing the bank’s treasury management product line as well as acquiring and expanding deposit relationships with new and existing business clients. Hayden came to Wolf River Community Bank a year ago as a relationship banker and grew into this new role with her extensive experience in treasury management, which will help the bank’s commercial customers efficiently manage and protect their money. Hayden is a lifetime resident of the Fox West area. She is a past member of Appleton Area Jaycees and a current member and president of BNI Fox West.

Elise Lundt has been promoted to assistant vice president – accounting manager. Lundt manages the accounting department in addition to the Bank Secrecy Act (BSA) process and other government requisites for national banks. She organizes, directs and leads the daily accounting operations, ensures accurate and timely reporting of financial and operational metrics, and oversees the accounting specialists’ team. Lundt holds a Bachelor of Science in Economics from the University of Wisconsin – Eau Claire. She has years of experience in management and has been with Wolf River Community Bank’s accounting department for over ten years. Lundt currently lives in Clintonville and is on the Board of Directors for the Clintonville Area Swim Team.

Miranda Schultz has been promoted to senior vice president – chief financial officer. Schultz joined Wolf River Community Bank as chief financial officer over four years ago, and most recently was vice president – chief financial officer. This promotion recognizes her role as information security officer, her position on the executive committee of the bank, as well as her executive-level responsibilities in accounting/finance, deposit operations, card operations, information technology, and vendor management. She has over 15 years of financial institution experience with various institutions and was a regulator with the Wisconsin Department of Financial Institutions and an auditor with an accounting firm. Schultz holds a Bachelor of Science in Mathematics from Ripon College and a Bachelor’s in Accounting from Lakeland College. She graduated from the Graduate School of Banking at the University of Wisconsin-Madison and received a Certificate of Executive Leadership from Wisconsin School of Business Center for Professional and Executive Development. She serves as the treasurer on the board of directors for Solutions Recovery in Oshkosh.

“Due to the growth and success of our institution, we are excited to announce the advancement of key players within our organization,” said Joe Peikert, president/CEO of Wolf River Community Bank. “Not only are these promotions well deserved, but the advanced organizational structure will also allow the bank to handle the growth that we’ve experienced and our expansion into the future.”

Steve Radulovich has joined the PyraMax Bank team as a senior vice president – commercial lending officer. Mr. Radulovich has 20 years of banking experience and received his undergraduate degree in math and business from Ripon College.

Prevail Bank is pleased to announce that Dr. Perry Arndt, Nathan Quinnell, and William Weiland were voted in by membership to continue in their roles as Board Directors of Prevail Mutual Holdings, Inc. for the next three years.

The Annual Meeting of Prevail Mutual Holdings, Inc. took place January 18, 2023 where Rhonda Kelley, Inspector of the Election, confirmed that directors Arndt, Quinnell, and Weiland were reelected. Prevail Mutual Holdings, Inc. was established in August 2022, when Prevail Bank reorganized from a Mutual Savings Bank to a Mutual Holding Company (MHC). The reorganization, approved by a Special Meeting of Members, the OCC, and the Federal Reserve Board, provides the bank more growth capabilities and opportunities.

Dr. Perry Arndt is a long-time respected resident and optometrist in Medford, Wisconsin. Actively involved in many pivotal organizations, he was recently awarded the Medford Area Chamber of Commerce’s Lifetime Achievement Award.

Nathan Quinnell started his financial career in 2005 as a credit analyst for River Cities Bank, ultimately working his way to the position of CEO. Today, he is Prevail Bank’s President.

William Weiland, active Lions Club member and philanthropist, is Prevail Bank’s retired CEO.

Other members of the Prevail Mutual Holdings, Inc. Board are: Dean Carter, Jeannie Deml, Gregory Krug, Mark Scheunemann, and Michael Schaefer.

First State Bank invites local high school seniors to apply for one of ten $1,000 scholarships being offered in 2023 to help with their post-secondary education. The bank is accepting applications through Friday, March 31.

Applicants must be attending a high school located in a community where First State Bank has a branch location, or either the applicant or their parent(s) must be a First State Bank customer. In addition, all applicants must be enrolling with an accredited college, university, or technical school on a full-time basis for the term immediately following graduation from high school.

“It is inspiring to learn about the various careers our applicants are pursuing and how they plan to positively impact their field or trade,” said Vice President of Marketing Brenda Hansen. “Through our scholarship program, we hope to give our recipients better opportunity to focus their energy on attaining career goals and returning to our communities to keep our area workforces strong.”

Scholarship application forms and further details are available on the bank’s website at bankfirststate.com/scholarships.html.