Senator Eric Wimberger visited The Stephenson National Bank & Trust (SNBT) Thursday afternoon and discussed a wide variety of topics including the housing market, card processing, and elder fraud protections. This visit was part of an outreach program that helps lawmakers learn more about the banking industry by visiting a community bank.
“We are fortunate that Senator Wimberger took time to visit our bank and learn more about how we operate,” said Daniel J. Peterson, SNBT President & CEO. “His thoughtful approach to listening to better understand the regulations and risks that come with the financial world was refreshing.”
Wimberger, who is currently serving Wisconsin’s 30th Senate District, is a Wisconsin native who was born and raised in DePere, Wis. He graduated from St. Cloud University and eventually received his JD degree from Marquette University Law School. Afterwards, he served in the U.S. Marine Corp as a Captain in the Judge Advocate Division. Upon his return from military service, he started a local law practice and was recognized as a “Super Lawyer Rising Star.” Wimberger (R-Green Bay) was elected to the State Senate in 2022, replacing retired State Senator Dave Hanson (D-Green Bay). He chairs the Senate Committee on Veteran and Military Affairs and Constitution and Federalism and is Vice Chair of the Senate Committee on Judiciary and Public Safety.
To kick off the visit, Wimberger sat down with the bank employees and discussed day-to-day operations at SNBT. The senator and bank staff discussed banking issues such as various regulations, labor market and inflation, the current interest rate cycle and the role that community banks play in maintaining a strong local economy.
Peterson then led the senator on a tour of the bank, including the bank’s 100-year-old vault. Peterson stopped to note that SNBT founder, Isaac Stephenson was also a U.S. Senator representing Wisconsin for two terms beginning in 1907.
The Stephenson National Bank & Trust is a 147-year-old independent community bank with over $1.5 billion in Bank, Mortgage, and Trust & Investment assets under management. Offices are located in Marinette, Wausaukee, Crivitz, Pembine, and Oconto, Wis. and Menominee, Mich. with a Trust & Investment Office in Marquette, Mich. and a Commercial Loan Services Office in Green Bay, Wis. For more information about The Stephenson National Bank & Trust visit www.snbt.com.