Trish Marks

Trish Marks celebrated 25 years of service at National Exchange Bank & Trust on September 22, 2022.

Marks joined the bank in 1997 as a customer service representative. She went on to work in account services before becoming a loan insurance representative. In her role, Marks works behind the scenes with retail lending.

Marks grew up in Wausau and attended Wausau East High School. She now resides in Fond du Lac with her family.

Larry Snedden

Larry Snedden has joined Forward Bank as a vice president – senior commercial loan officer and will help Jake Weinand build Forward’s presence in the Northwoods market. In joining the team, Snedden will focus on building relationships with area businesses and community members.

“Knowing many of the great people at Forward and learning more about the strong history of putting the community first makes the decision to join this team very exciting,” commented Snedden. “I’m looking forward to collaborating with my friends and neighbors in the Northwoods and bringing the Forward style of banking to our area.”

Snedden earned his Bachelor of Business Administration – emphasis in finance from the University of Wisconsin-Eau Claire. He has 33 years of experience serving the Northwoods learning and growing with four different financial institutions. Snedden has served his communities with a true sense of purpose coaching multiple sports for many years, serving on the Eagle River/Northland Pines Athletic Hall of Fame committee, Northland Pines Community Foundation Board of Directors, and as the Eagle River Area of Commerce Ad and Promotions committee treasurer.

When not at work or volunteering, Snedden enjoys spending time with family and many of the outdoor recreational activities the beautiful Northwoods has to offer.

“Larry has been and will continue to be one of the best commercial lenders and community leaders in the Northwoods,” said Dave Clark, president of Forward Bank. “He adds a calm perspective and experience to the growing Forward team and will continue maintaining personalized connections within our communities.”

First Business Bank is pleased to announce the winning nonprofits and golfers who played for them in the annual First Business Bank Charity Golf Invitational – Madison on Wednesday, September 21. The event has raised more than $670,000 for nonprofits in Madison and Milwaukee over the past 11 years.

Local business leaders compete in two-person teams in the First Business Bank Charity Golf Invitational on behalf of a local charity of their choice. First Business Bank covers 100% of the event costs. Yesterday’s invitational included a chip-off for first place and a four-way tie for fourth place.

Winning golfers and charities from the event hosted at Nakoma Golf Club include:

  • First Place: $20,000 won on behalf of Garding Against Cancer by Jeff Beckmann and Tim Cleary
  • Second Place: $10,000 won on behalf of The ACI and Schwenn Family Professorship by Connor Meloy and Eric Helt
  • Third Place: $6,000 won on behalf of Ice Inc. by Sean O’Brien and Tim Pellitteri
  • Fourth Place: $1,500 won on behalf of Middleton Outreach Ministry (MOM) by Jacob Klein and Aaron Kostichka
  • Fourth Place: $1,500 won on behalf of The Lemon Brothers Fund at Carbone Cancer Center by James Imhoff and Tim McIlwain
  • Fourth Place: $1,500 won on behalf of Badger Honor Flight by Jeff Knatz and Brad Niebuhr
  • Fourth Place: $1,500 won on behalf of Big Brothers Big Sisters of Dane County by Michael Johnson and McClain Gitch

“We’re thrilled to have Jeff Beckmann and Tim Cleary play on behalf of Garding Against Cancer, a UW Carbone Cancer Center initiative started by Wisconsin Men’s Basketball Coach Greg Gard and his wife Michelle,” said Heather Garrison, development program manager of Garding Against Cancer. “All the money raised stays in Wisconsin for research at the University of Wisconsin’s Carbone Cancer Center and for patient care around the state of Wisconsin. This is just such a unique event. There are hundreds of golf outings every summer and they’re all amazing. However, it is unique to bring our nonprofit community together and lovely to spotlight all the good work done here in Madison.”

The two golfers, who started golfing together four years ago in the First Business Bank Charity Golf Invitational – Madison, were matched by Garding Against Cancer. Over the last four years, they’ve won $55,000 for the organization.

“When First Business Bank started putting this golf event on years ago, I played for other charities but the last few years it became all about the Carbone Cancer Center and Garding Against Cancer,” said Tim Cleary, executive vice president of Ideal Builders, whose family has been particularly impacted by cancer. “Someone I was paired with couldn’t make it, so I called Heather Garrison and she asked if I knew Jeff Beckmann, who was a big supporter. It was serendipitous and it has been a great friendship. It’s been a great cause, and so great the way it happened — accidental, but on purpose, to support the Carbone Cancer Center.”

“Every year, the passion to win for nonprofits is profound,” said Jim Hartlieb, president of First Business Bank. “There’s pride in the win, but so much more satisfaction from the unbudgeted, large donations the event facilitates to local nonprofits. I’m so proud First Business Bank helps make this happen, along with our generous golfers and their sponsoring companies.”

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WaterStone Bank has announced Scott DeJong as the new vice president of commercial real estate.

DeJong comes to WaterStone Bank with over 20 years of commercial real estate experience, most recently at US Bank. He graduated from the University of Milwaukee with a bachelor of business administration in accounting.

DeJong’s expertise in the commercial lending space includes work with apartments, shopping centers, hotels, condominiums, subdivisions, and industrial offices and medical office buildings. He’s supported a range of clients including individuals, regional developers, and publicly traded Real Estate Investment Trusts. DeJong’s mastery financing projects across the nation will be a strong asset to WaterStone Bank.

“We are very excited to have Scott join our lending team,” said Joseph Mudlaff, director of commercial real estate. Mudlaff continued his remarks, “We [WaterStone Bank] have always been a consistent and reliable lender… The addition of Scott to our team is further evidence of the bank’s commitment to continue serving the commercial real estate market.”

Beyond his professional accomplishments, DeJong’s real passion is cycling. He participates annually in the MACC Fund’s Ride for Hope (Trek 100). Furthermore, he is an avid Wisconsin sports fan! DeJong resides with his wife in the Mukwonago community where they own, breed, and train horses.

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Representatives of Cinnare receive the prestigious Charles L. Edson Tax Credit Excellence Award in the category “Green and Healthy Housing” for 1300 Residences in River Falls.

Two of Cinnaire’s investments have been awarded the prestigious Charles L. Edson Tax Credit Excellence Award (Edson Award). 1300 Residences, a 50-unit senior and veterans housing projects in River Falls, Wis., has been selected as the recipient in the Green and Healthy Housing category, and Rauner Family Veterans Apartments by A Safe Haven Foundation in Indiana, a 75-unit affordable housing community for veterans, has been selected as the winner in the Housing for Veterans of the Armed Forces category.

The Edson awards recognize outstanding affordable housing developments and organizations that have demonstrated especially impactful use of the Low-Income Housing Tax Credit. The awards are named in honor of Charles Edson, a longtime champion of affordable housing well-known for his role in establishing the Low Income Housing Tax Credit (LIHTC).

“Chuck’s role in establishing the Low Income Housing Tax Credit resulted in a program that has provided more affordable housing than any other program in existence,” said Mark McDaniel, Cinnaire president and CEO. “The Housing Credit has supported millions of affordable homes in urban and rural communities across the country. It is an honor to have two of our investments, 1300 Residences and Rauner Family VA Apartments, receive the prestigious Edson Award.”

Since 1986, the Housing Credit has financed more than 3.6 million homes for low-income households, including formerly homeless individuals and families, people with disabilities, veterans of the armed forces, and senior citizens. Through public-private partnerships, the Housing Credit offers a proven track record of financing safe, quality, and stable affordable homes in communities where they are needed most.

“As rents have skyrocketed over the past year, these properties have provided sorely needed relief to their residents while improving their communities,” said AHTCC Chief Executive Officer Emily Cadik. “This year’s Edson Award winners have changed lives and neighborhoods for the better and show how much more we could gain if we further expand the program.”

Recipients were recognized at an awards ceremony in Washington D.C. that brought together members of Congress, business, and nonprofit leaders to celebrate LIHTC developments that are strengthening communities, improving health, and boosting the local economy in urban, suburban, and rural neighborhoods across the nation.

“As is consistently the case, the Edson Award winners this year have demonstrated tremendous capacity and creativity in providing affordable homes to families in need in rural and urban communities, and particularly for at-risk populations including seniors, veterans, and the formerly homeless,” said Matt Josephs, AHTCC board president and senior vice president for the Local Initiatives Support Corporation. “Their properties help to showcase why housing credits are so impactful, and I congratulate all of the awardees on their success.”

1300 Residences, co-developed by West CAP and Gerrard Companies, provides 50 affordable homes to working class families as well as seniors, people with disabilities, and veterans.

“The cost of housing remains a challenge for so many in our state and the Low Income Housing Tax Credit is an important tool that can be used to make it more affordable. The development of 1300 Residences in River Falls is well deserving of this year’s Edson Award for providing affordable homes that serve working families as well as seniors, people with disabilities, and veterans in Wisconsin,” said Sen. Tammy Baldwin. “I congratulate 1300 LLC and Gerrard Development on this award from the Affordable Housing Tax Credit Coalition and I want to thank them for their work to foster sustainability and provide affordable housing in Wisconsin. This effort is adding real value to the River Falls community.”

The 4 percent Housing Credit was used to finance 1300 Residences. Cinnaire provided a $5.5 million LIHTC investment to support the $11.7 million project. The property’s design fosters environmental sustainability, and includes 580 rooftop solar panels, three large solar flowers encompassing 36 additional solar panels, and state-of-the-art air source heat pumps for heating and cooling. These green features result not only in annual carbon dioxide emission savings of around 300 tons per year, but also reduce utility and energy costs for residents. Residents also benefit from onsite educational and financial literacy classes, amenities such as a community room, picnic area, playground, and library, and close proximity to downtown River Falls grocery stores, green spaces, education opportunities, and business district.

The Rauner Family Veterans Apartments, owned by A Safe Haven Foundation and developed by KMA Companies, provides 75 affordable homes serving formerly homeless veterans with physical and mental disabilities.

“It’s no surprise that housing affordability is one of the most significant obstacles Americans face, and it remains a key issue I’ve been focused on solving in the Senate. I am proud to give the Edson Award to an outstanding Hoosier facility that serves those who so bravely and selflessly served our country,” said Sen. Todd Young. “The Rauner Family VA Apartments in Hobart will give countless low-income senior and disabled military veterans a place to call home.”

The 4 percent Housing Credit was used to finance Rauner Family Veterans Apartments, with Cinnaire providing a $3.8 million LIHTC investment, a $484,000 predevelopment loan and a $700,000 permanent loan. The property works collaboratively with the nearby Veterans Affairs Medical Center to provide residents with personalized on-site and off-site supportive services and care, such as voluntary case management, intensive employment assistance, life skills training, job placement and coaching, and mentoring and peer support groups. The property is also located in close proximity to Merrillville’s United States Veterans Administration (USVA) office, which provides case managers, nurses, and peer support specialists to the residents and staff of Rauner Family Veterans Apartments.

To learn more about the Edson Awards, please visit: taxcreditcoalition.org/edson-awards

Sarah Aellig

Sarah Aellig has been promoted to loan documentation review supervisor for National Exchange Bank & Trust.

Aellig joined the bank in 2020 and brought more than 19 years of financial industry and manager experience with her. In her expanded role, she will continue working behind the scenes in the loan department while taking on responsibility for training and supervising those in her department.

Aellig grew up in Juneau and attended Luther Preparatory School. She went on to earn her associates degree in accounting from the Milwaukee Area Technical College.

Aellig now resides in Waupun with her family. She is active in the community with her family as a part of Waupun Little League and Waupun Cub Scouts.

Associated Bank provided a $250K grant to Golden House, a domestic violence program serving victims in Brown County for its On the Rise capital campaign.

Golden House On the Rise capital campaign kicked off to raise money for a new facility and support services. The campaign supports greater Green Bay needs in providing safety and support for victims of domestic abuse while leading efforts to end domestic violence in the community. The grant also supports the growing need to shelter traumatized families and children, enhance security and privacy, and adapt to changing care needs due to the pandemic. Golden House has a goal of raising $9.5 million and is currently at $7 million.

“Associated Bank supports Golden House and their efforts to end domestic violence in our community,” said Angie DeWitt, executive president, chief human resources officer, Associated Bank, current member of Golden House capital campaign cabinet and former Golden House board of director member.

In observation of Domestic Violence Awareness Month in October, Associated Bank’s Women’s Colleague Resource Group (CRG) will be offering colleagues opportunities to increase their awareness of domestic violence and support those in need. This includes an educational workshop in collaboration with Golden House, in-person and virtual collection drives for domestic violence centers across the bank’s footprint (Wisconsin, Illinois, and Minnesota), and volunteer opportunities to assemble tie blankets for local shelters.

“The safety and well-being of our colleagues is of the upmost importance. As a business leader, we need to recognize the warning signs of domestic violence, start the conversation and be educated on community resources,” said DeWitt.

Associated Bank’s grant will help Golden House:

  • Align with the mission of Golden House, to provide safety, support, and healing to victims of domestic abuse.
  • Serve more people and serve them better. Golden House will meet the growing need to shelter traumatized families and children by doubling its capacity.
  • Adapt to changing care needs due to the pandemic, including emergency off site shelter, advocacy and addressing health and safety needs with interim facility accommodations.
  • Increase outreach office space, which will provide more opportunity for advocacy and mental-health services, collaborative wellness and educational opportunities, prevention activities for children experiencing domestic violence, and survivor-driven supportive programming.

“Golden House is appreciative of Associated Bank’s commitment to support hundreds of people every year with counseling, advocacy, emergency shelter, and other services as clients begin their journey of healing,” said Dina Borremans, development director, Golden House.

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Pictured (left to right) are: WBA President and CEO Rose Oswald Poels and Darren Winkler.

On September 8, Darren Winkler, president and CEO of Bank of Deerfield was presented with WBA’s Lifetime of Service Award for this tenure in the banking industry. In total, Winkler has been with the bank for 30 years and had several years of prior banking experience. Congratulations, Darren!