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Community, Member News, News

Cinnaire Awarded $60 Million to Advance Social Impact Efforts

Cinnaire has been awarded a $60 million New Markets Tax Credit (NMTC) allocation from the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund). These tax credits incentivize private sector investors to partner in community financing efforts.

Cinnaire plans to focus its allocation of the award to fund projects that support education, vocational training, and job opportunities across its footprint. Since 2009, Cinnaire is a 10-time recipient of this federal allocation with awards totaling more than $534 million.

“The flexibility and impact delivered by the NMTC program continues to result in high demand for the resource. We are thankful to again have the opportunity to dedicate this resource toward aligned partners and projects,” said Peter Giles, Cinnaire senior vice president, public funding. “The NMTC program award supports Cinnaire’s mission to transform people and place and allows us to continue our laser-focused work on projects that support education, vocational training, and employment opportunities all in areas of disinvestment. We’re grateful to our partners at the CDFI Fund for the ongoing successful and effective management of the NMTC program.”

The CDFI Fund announcement brings the total amount awarded through the NMTC program to more than $70 billion. Historically, the NMTC program awards have generated $8 of private investment for every $1 invested by the federal government.

September 27, 2023/by Hannah Flanders
https://www.wisbank.com/wp-content/uploads/2021/09/Untitled-3_Yellow.jpg 972 1920 Hannah Flanders https://www.wisbank.com/wp-content/uploads/2021/09/Wisconsin-Bankers-Association-logo.svg Hannah Flanders2023-09-27 08:44:372023-09-27 08:44:37Cinnaire Awarded $60 Million to Advance Social Impact Efforts
Triangle Background
Community, Member News, News

Wintrust Financial Corporation Wins ABA’s DEI Award

This year, ABA launched its DEI Award program to recognize the ABA-member banks for their internal-facing programs, initiatives, and activities focused on improving diversity, equity, and inclusion for their workforces. The inaugural Outstanding DEI Overall Program Award, which recognizes the most unique DEI program, has been presented to Wintrust Financial Corporation.

The program:

Wintrust Financial Corporation created the One Wintrust Diversity & Inclusion Roadmap, which was established to anchor a strategy for key pillars including workforce/workplace, customers, communities, and strategic partnerships. A few highlights of Wintrust’s DEI program include its Annual Executive Diversity Forum, its sponsorship and mentorship program “Paired to Win,” and its business resource groups.

Learn More
September 27, 2023/by Hannah Flanders
https://www.wisbank.com/wp-content/uploads/2021/09/Triangle-Backgrounds_Blue-on-Lime-Green.jpg 972 1920 Hannah Flanders https://www.wisbank.com/wp-content/uploads/2021/09/Wisconsin-Bankers-Association-logo.svg Hannah Flanders2023-09-27 08:42:042023-09-27 08:57:57Wintrust Financial Corporation Wins ABA’s DEI Award
Community, Member News, News

Conway Joins First Business Bank’s Company Retirement Plans Team

Bill Conway serves as assistant vice president – relationship manager – company retirement plans at First Business Bank. With 15 years in the financial services sector, Conway dedicated the last five years to specializing in company retirement plans, ensuring businesses have the best strategies in place for their employees’ futures. His expertise and commitment to his role have made him an invaluable asset to clients.

Conway graduated from Bryant & Stratton College in 2014, and he and his wife moved back to Brookfield, Wis., to raise their two sons. Conway volunteers as a youth baseball coach for Elmbrook Little League and Brookfield Central Jr. Lancers.

September 26, 2023/by Hannah Flanders
https://www.wisbank.com/wp-content/uploads/2021/09/Triangle-Backgrounds_Dark-Blue-on-Light-Blue.jpg 972 1921 Hannah Flanders https://www.wisbank.com/wp-content/uploads/2021/09/Wisconsin-Bankers-Association-logo.svg Hannah Flanders2023-09-26 08:23:402023-09-26 08:23:40Conway Joins First Business Bank’s Company Retirement Plans Team
Community, Member News, News

Peoples Announces Enhancements to Peoples Wealth Management

Scott Wildman

Peoples State Bank announces two important enhancements for Peoples Wealth Management, its financial planning and investment services division. Peoples Wealth Management has aligned with Raymond James Financial Services, member FINRA/SIPC, offering financial planning and investment resources. Additionally, Peoples has added new advisor Scott Wildman and assistant Dana Kolbe to join the Peoples Wealth Management team.

“Peoples State Bank is fully committed to our wealth management customers, and these additions will provide great benefits to them,” said Scott Cattanach, Peoples State Bank president and CEO. “Raymond James is among the world’s largest and most respected investment firms. Together with the addition of Scott and Dana to the team of Connie Higgins and Bryan Nill, we have in place an experienced and knowledgeable team to help our wealth management customers on the road to financial success.”

Dana Kolbe

“Peoples State Bank has a rich history of providing high-quality service and community dedication spanning more than six decades. We are proud to welcome Peoples Wealth Management to the growing Financial Institutions Division,” said Tim Killgoar, senior vice president and FID national director at Raymond James.

“Raymond James’ profound culture and considerate approach to brokerage offerings, reinforced by tailored resources, cutting-edge technology, and unwavering support, consistently draw exceptional programs like PSB into our fold.”

Wildman joins Peoples Wealth Management with more than 20 years of experience as a financial advisor and another 15 years of experience in the financial sector. As a financial advisor, he consults with clients to help them determine their financial goals and then provides tailored advice on investments, estate planning, taxation, and retirement. Wildman is a certified financial planner and has earned the certified employee benefit specialist designation (CEBS).

Working closely with Wildman for 14 years, Kolbe joins Peoples Wealth Management and will provide comprehensive investment planning. She is committed to developing client relationships and plays a crucial role in helping clients achieve their financial and personal goals.

The two will have offices at Peoples State Bank’s Stewart Avenue location in Wausau.

September 26, 2023/by Hannah Flanders
https://www.wisbank.com/wp-content/uploads/2021/09/Triangle-Backgrounds_Light-Blue-on-Green.jpg 972 1920 Hannah Flanders https://www.wisbank.com/wp-content/uploads/2021/09/Wisconsin-Bankers-Association-logo.svg Hannah Flanders2023-09-26 08:01:202023-09-26 08:01:20Peoples Announces Enhancements to Peoples Wealth Management
Community, Member News, News

Community State Bank Set to Host Next 100 Women Who Care – Western Racine County Event in October

Community State Bank (CSB) is excited to announce the return of 100 Women Who Care – Western Racine County on Wednesday, October 4 from 6 until 7 p.m. at 1841 Farms and Vineyard in Burlington. What started as an annual meeting in 2022, has grown into a bi-annual meeting. This will be the third event hosted and organized by CSB.

100 Women Who Care is a nationwide initiative that provides women with the opportunity to support non-profit organizations in their community. Each guest is asked to bring $100 in
the form of a blank check or cash in order to enter the event. Guests are then encouraged to nominate a 501(c)(3) non-profit organization that serves Western Racine County. The group then votes and chooses a recipient to receive all of the event funds.

“We’re growing,” said CSB Media and Communications Director and 100 Women Committee Member Eloissa Heigl. “Each time we have an event, we grow a little more. The word is spreading and it’s so exciting to see the overflowing kindness and support from women of Western Racine.”

Since the initiative began, over $9,300 has been raised to support local non-profit organizations. Previous recipients include Burlington Transitional Living Center and Healthcare Network of Racine.

Nominated non-profit organizations must meet certain criteria in order to be considered. The organization must serve the communities of Western Racine County, be a registered 501(c)(3) non-profit organization, not affiliated or tied to any specific political viewpoint, and must not be a recipient in the past 12 months. Nominators are also required to be prepared to present why they have chosen their nominee in less than five minutes on the day of the event.

“This event was created to make a large impact in a short amount of time,” said CSB Assistant Vice President and 100 Women Committee Member Molly Krause. “We hope those that have attended in the past, return and those that haven’t yet experienced 100 Women, join us. It’s a wonderful opportunity to meet others in your community, while also giving back.”

Online registration for the event is now open. Registration is preferred, but not required. The event is open to the public. For additional event details, please visit CSB.bank/100wwc.

September 25, 2023/by Hannah Flanders
https://www.wisbank.com/wp-content/uploads/2021/09/Triangle-Backgrounds_Dark-Blue-on-Light-Blue.jpg 972 1921 Hannah Flanders https://www.wisbank.com/wp-content/uploads/2021/09/Wisconsin-Bankers-Association-logo.svg Hannah Flanders2023-09-25 08:00:542023-09-25 08:00:54Community State Bank Set to Host Next 100 Women Who Care – Western Racine County Event in October
Community, Member News, News

Stuewer Celebrates 25 Years at National Exchange Bank & Trust

Sandy Stuewer celebrated 25 years of service to National Exchange Bank & Trust on August 18, 2023.

Stuewer joined the bank in 1998. She began as a file room clerk, then a credit clerk, and today, Stuewer is a loan services documentation review representative.

Stuewer grew up in Suring, but currently resides in Fond du Lac with her husband, Bernie.

September 25, 2023/by Hannah Flanders
https://www.wisbank.com/wp-content/uploads/2021/09/Triangle-Backgrounds_Light-Blue-on-Green.jpg 972 1920 Hannah Flanders https://www.wisbank.com/wp-content/uploads/2021/09/Wisconsin-Bankers-Association-logo.svg Hannah Flanders2023-09-25 07:56:212023-09-25 07:56:21Stuewer Celebrates 25 Years at National Exchange Bank & Trust
Community, Member News, News

Nekoosa Port Edwards State Bank Employees Recognized For Lifetime of Service

Pictured (left to right) are: Robb Sigler, WBA President and CEO Rose Oswald Poels, and Patricia Heeg.

On September 19, WBA President and CEO Rose Oswald Poels surprised Nekoosa Port Edwards State Bank’s Patricia Heeg, senior vice president – cashier, and Robb Sigler, president and CEO, with the Association’s Lifetime Service Award for their tenure in the banking industry. In 2023, Heeg is celebrating 45 years of service, and Sigler is celebrating his 35th. Thank you for your continued dedication!

September 21, 2023/by Hannah Flanders
https://www.wisbank.com/wp-content/uploads/2021/09/Untitled-3_Blue.jpg 972 1920 Hannah Flanders https://www.wisbank.com/wp-content/uploads/2021/09/Wisconsin-Bankers-Association-logo.svg Hannah Flanders2023-09-21 09:29:472023-09-21 09:29:47Nekoosa Port Edwards State Bank Employees Recognized For Lifetime of Service
Community, Member News, News

Kohls Joins WNB Financial Retail Banking Team in Winona

Justin Kohls

WNB Financial is pleased to announce that Justin Kohls has joined the bank as retail market manager in Winona.

In his new role, Kohls oversees daily operations and supervises the retail banking team in Winona. He brings over seven years of experience as a retail branch manager with Associated Bank. Before that, Kohls spent 18 years in customer service.

“Justin’s values strongly align with WNB Financial, and he brings a track record of excellent customer service and strong leadership,” said Mark Kulig, WNB Financial senior vice president and chief retail officer. “We’re excited to have him on team WNB.”

“The Winona area and community are second to none, and WNB Financial is committed to being a beneficial part of both,” Kohls said. “I couldn’t be more excited to contribute to that vision.”

Kohls is originally from Holcombe, Wis., where he grew up on a dairy farm. He and his wife, Jen, now live in La Crosse with their two young children, Memphis (6) and Savanna (4). Kohls enjoys collecting farm toys, ATV riding, and is restoring a classic car. He volunteers his time for Junior Achievement, the La Crosse Rotary Lights, and Habitat for Humanity.

September 21, 2023/by Hannah Flanders
https://www.wisbank.com/wp-content/uploads/2021/09/Untitled-3_Light-Blue.jpg 972 1920 Hannah Flanders https://www.wisbank.com/wp-content/uploads/2021/09/Wisconsin-Bankers-Association-logo.svg Hannah Flanders2023-09-21 08:26:192023-09-21 08:42:43Kohls Joins WNB Financial Retail Banking Team in Winona
Community, Member News, News

Bank of Luxemburg Celebrates 120th Anniversary

Bank of Luxemburg: 1903

Embedded in Luxemburg and the surrounding communities since 1903, Bank of Luxemburg is proud to celebrate its 120th anniversary this year.

What started as a single rural exchange bank in downtown Luxemburg has since grown to serve nine communities throughout northeast Wisconsin, with locations in Luxemburg, Casco, Algoma, Kewaunee, Sturgeon Bay, Fish Creek, Dyckesville, Bellevue, and Howard.

As one of the only truly local community banks in the area, Bank of Luxemburg provides a unique way to bank while keeping customers’ dollars local and invested in the community. In the past 10 years alone, Bank of Luxemburg has awarded over $385,000 in student scholarships and donated over $130,000 to local organizations and schools. Bank employees have also volunteered nearly 9,000 hours at local food pantries, churches, Lions Club events, and much more.

Bank of Luxemburg: 2023

Bank of Luxemburg President Tim Treml shared, “Over the course of our 120-year history, Bank of Luxemburg has remained successful thanks to our employees’ ongoing commitment to our mission: to have a positive impact on people’s lives.”

Bank of Luxemburg continues to live its mission by providing resources such as interactive ATMs (ITMs), digital banking services, and mobile banking services that come with Credit Insights, a free credit monitoring tool available to all customers.

“We’ve helped countless customers navigate their new beginnings, from buying a home or car to preparing for college tuition or retirement,” Treml said. “We look forward to continuing that legacy for the next 120 years and beyond.”

September 20, 2023/by Hannah Flanders
https://www.wisbank.com/wp-content/uploads/2021/09/Untitled-3_Yellow.jpg 972 1920 Hannah Flanders https://www.wisbank.com/wp-content/uploads/2021/09/Wisconsin-Bankers-Association-logo.svg Hannah Flanders2023-09-20 07:45:572023-09-20 07:45:57Bank of Luxemburg Celebrates 120th Anniversary
Community, Member News, News

Port Washington State Bank Employees Recognized for Lifetime of Service

Pictured (left to right) are: James Schowalter, PWST president/COO; Sharon Niesing; Christine King; Rose Oswald Poels, WBA presient and CEO; Sally Savatski; Jay Schreurs; and Steve Schowalter, PWST chair/CEO.

On August 18, WBA President and CEO Rose Oswald Poels recognized four Port Washington State Bank employees with the Association’s Lifetime Service Award. The award, which recognizes those who have dedicated between 30 and 49 years of their career to the banking industry, was presented to Sharon Niesing, vice president – mortgage lender; Christine King, vice president –branch manager; Sally Savatski, customer service representative; and Jay Schreurs, vice president – senior mortgage loan officer.

September 19, 2023/by Hannah Flanders
https://www.wisbank.com/wp-content/uploads/2021/09/Triangle-Backgrounds_Dark-Blue-on-Light-Blue.jpg 972 1921 Hannah Flanders https://www.wisbank.com/wp-content/uploads/2021/09/Wisconsin-Bankers-Association-logo.svg Hannah Flanders2023-09-19 07:58:532023-09-19 07:59:05Port Washington State Bank Employees Recognized for Lifetime of Service
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