North Shore Bank, celebrating its centennial anniversary, has announced a financial commitment of $50K to ELEVATE Wisconsin®, the financial wellness program created by the State of Wisconsin, Department of Financial Institutions, and Financial Fitness Group. The program provides interactive, effective, and unbiased online instruction in personal finance and investment fundamentals designed to enhance the lives of Wisconsin employees and their families.
The financial commitment, a joint contribution through North Shore Bank and its partners Mastercard, Cetera Financial Group, and Fiserv, kicks off phase two of ELEVATE Wisconsin®, allowing Wisconsin employers to offer the program to their employees. The investment will support nearly 12,000 Wisconsin employees with access to financial resources.
The financial commitment, in honor of North Shore Bank’s 100th anniversary, was announced at a centennial commemoration event on May 11 at the bank’s corporate headquarters that featured Lt. Governor Sara Rodriguez, Waukesha County Executive Paul Farrow, City of Brookfield Mayor Steven Ponto, Wisconsin’s Department of Financial Institution’s Secretary-designee Cheryll Olson-Collins, Wisconsin Bankers Association president and CEO Rose Oswald Poels, along with North Shore Bank’s key financial literacy partners.
“We are honored that so many state, regional, local, and community partners joined us to celebrate our past 100 years and look forward at the next 100 years,” said Jay McKenna, president and CEO at North Shore Bank. “This year, we’re focusing on causes especially important to us such as this donation to supply thousands of Wisconsin employees with financial resources while we also show thanks to our hundreds of loyal employees, and celebrate our dedicated customers and community members.”
To honor North Shore Bank’s past 100 years and celebrate its future, State of Wisconsin Governor Tony Evers presented the community bank with a commendation. The bank also received a commendation from Waukesha County Executive Paul Farrow, and a proclamation from City of Brookfield Mayor Steven Ponto, the location of North Shore Bank’s headquarters since 1982.
In commemorating its 100 years, the community bank also invited local officials and community partners to identify a memento to be placed inside a time capsule that will be positioned inside the corporate headquarters during renovations this summer. The bank contributed paper currency from 1923, an original ledger from the bank’s first years, along with other mementos significant to its history.
To celebrate its centennial anniversary, North Shore Bank has been celebrating with customers and the community all year long. From random $100 giveaways and a partnership with professional basketball player Pat Connaughton, to additional surprise and delights planned for this summer, the community bank, founded in 1923 by a group of teachers in the back of a hardware store in Shorewood, Wis., is keeping the community at the forefront of its celebration.