Tag Archive for: Scholarship

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Peshtigo National Bank Awards Scholarships to Over 60 Fair Contestants

Peshtigo National Bank is thrilled to announce the successful distribution of Fair Scholarships to over 60 young individuals across the communities they serve. Each participant has been awarded $100 as part of our commitment to supporting education and fostering the spirit of community engagement.

The Fair Scholarship initiative, which was introduced this year, aims to encourage, and reward young individuals who are actively involved in their local fairs and community events. By providing these scholarships, Peshtigo National Bank hopes to not only recognize the hard work and dedication of these participants but also to inspire continued participation and contribution to their communities.

“At Peshtigo National Bank, we believe that investing in our youth is investing in the future of our communities,” said Kelly Heroux, President & CEO of Peshtigo National Bank. “We are incredibly proud to support these bright and dedicated students who are making a positive impact through their involvement in local fairs and events.”

The Fair Scholarship applications were evaluated based on the recipients’ responses to questions about their animal projects at the fair, including the practices and work they undertook leading up to the event. Each selected student demonstrated exceptional engagement and a passion for contributing to their community’s vibrancy.

Peshtigo National Bank extends their heartfelt congratulations to all the scholarship recipients and commend them for their impressive contributions. Peshtigo National Bank remains dedicated to supporting the educational and personal growth of students in their community and looks forward to continuing this tradition in the future.

For more information about Peshtigo National Bank and its services, please visit www.pnbwi.com.

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Bank of Luxemberg Presents Scholarships

The Bank of Luxemburg awarded eight area high school graduates a total of $28,000. The scholarship money will be given to them over the course of their student college career.

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2024 GSB Banker Advisory Board Scholarship Winner Announced

Pictured (from left to right) Sarah Rogers branch manager and retail lending officer at
Mound City Bank, and Kathy Berman, GSB’s vice president, marketing and communications.

Sarah Rogers, branch manager and retail lending office at Mound City Bank in Cuba City, was named the 2024 Graduate School of Banking (GSB) Banker Advisory Board Scholarship winner. GSB’s Kathy Berman attended the recent WBA BOLT Summer Leadership Summit and was able to present the scholarship to Sarah in front of her peers.

The scholarship, amounting to $1,500 for each year of a student’s attendance, assists incoming students at UW–Madison’s Graduate School of Banking to gain a comprehensive education in relevant bank leadership courses across all areas of the bank.

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GSB Prochnow Educational Foundation/WBA Scholarship Winner Announced

Pictured (from left to right) Sara Taylor, vice president at Ladysmith Federal and Kathy Berman, GSB’s vice president, marketing and communications.

The Wisconsin Bankers Association (WBA) is excited to award the 2024 WBA/Prochnow Educational Foundation Scholarship for the Graduate School of Banking at UW-Madison to Sara Taylor, Vice President at Ladysmith Federal. GSB’s Kathy Berman attended the recent WBA BOLT Summer Leadership Summit and was able to present the scholarship to Sara in front of her peers.

The scholarship, amounting to $1,500 for each year of a student’s attendance, assists incoming students at UW–Madison’s Graduate School of Banking to gain a comprehensive education in relevant bank leadership courses across all areas of the bank.

Congratulations, Sara!

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Two UW Students Awarded Agricultural Banking Scholarships

Pictured (left to right) are: Jeff Gruetzmacher, senior vice president and director, Royal Bank; Shania Sake, branch manager, Royal Bank; Cassandra Krause, executive director, Wisconsin Bankers Foundation; Elle Horn, 2022 Agricultural Banking Scholarship recipient; and Dan Ravenscroft, president and CEO, Royal Bank.

The Wisconsin Bankers Foundation, the non-profit arm of the Wisconsin Bankers Association, has awarded UW-Platteville freshman Elle Horn and UW-River Falls junior Colby Von Haden with the 2022 Agricultural Banking Scholarship. The scholarship is awarded annually to two students who are pursuing a career in agricultural finance and who demonstrate in their application a strong understanding of the importance of financial literacy.

Horn is a declared agribusiness major and is currently employed as a teller at Royal Bank in LaValle, Wis. Growing up on her family’s beef and dairy farm, Horn developed a passion for volunteering and educating those in her community on agricultural topics. She now enjoys regularly being involved with Block & Bridle, Future Farmers of America (FFA), and 4-H.

Pictured (left to right) are: Dr. Brenda Boetel, professor and department chair, University of Wisconsin – River Falls; Dr. Dean Olson, associate dean and professor, University of Wisconsin – River Falls; Cathy Asher, ag relationship manager, Security Financial Bank; Colby Von Haden, 2022 Agricultural Banking Scholarship recipient; Cassandra Krause, executive director, Wisconsin Bankers Foundation; Isaac Christenson, ag loan officer/credit analyst, Pillar Bank; and Michael DeLong, vice president – commercial/ag loan officer, Pillar Bank.

Von Haden is a declared agricultural business major expected to graduate in December 2023. He currently serves as the president of UWRF’s Beef Management Team as well as vice president of its Block and Bridle Club. Additionally, Von Haden is an active member of the university’s CAFES Student Advisory Council, Alpha Gamma Rho – Alpha Psi, and the Monroe County Jr. Fair Board. Previously, Von Haden worked as a business analyst intern at Bank First, Tomah.

“The commitment both Elle and Colby demonstrate to the agricultural industry and serving their communities is a fundamental aspect of the Wisconsin Bankers Foundation’s Agricultural Banking Scholarship,” said Foundation Chair Rose Oswald Poels. “I am pleased that we are able to honor Elle and Colby for their achievements with this scholarship and wish them much success in their future agribusiness careers.”

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Executive Letter: Investing in Our Future

Rose Oswald PoelsBy Rose Oswald Poels

When WBA’s charitable arm, the Wisconsin Bankers Foundation (WBF), was founded in 2015, education remained a top priority to aid the public in increasing their financial literacy and responsibility.

As part of this, the Foundation is proud to offer well-known programs such as Reading Raises Interest Kits that assist bankers in coordinating curriculum used during Teach Children to Save Day in April and scholarships awarded to students throughout the state for their demonstration of excellent financial capabilities. Involvement in these programs brings the Foundation one step closer to ensuring the financial knowledge and responsibility of every youth in our state.

Now through November 15, the Foundation will be accepting applications for the third annual Agricultural Banking Scholarship!

Students who will be enrolled in an accredited Wisconsin college, university, or technical college during the Spring of 2023 and are pursuing a career related to agricultural banking are encouraged to apply.

With agriculture serving as one of Wisconsin’s largest economic drivers, it is critical that we invest now in the students that are interested in driving this critical sector of our state.

The Foundation is also excited to announce this year’s Agricultural Banking Scholarship award has been increased to $1,500 each for the two qualified winners in order to help combat rising tuition costs, assist individuals in reaching their goals, and promote financial literacy in every consumer.

I encourage you to share this exciting opportunity widely within your networks — current and past ag interns, parents of college-aged children, and educators at the many ag programs throughout the state. By aiding us in spreading the word to qualified students, you play a significant part in assisting the Foundation to serve its mission as well as provide new opportunities for your community!

Please visit wisbankfoundation.org/scholarships to learn more or contact WBF’s Foundation Coordinator Hannah Flanders with any questions.

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Executive Letter: Supporting the Professional Development of Our Historically Underrepresented Bankers

Rose Oswald PoelsBy Rose Oswald Poels

As our Association continues its efforts to support bankers of historically underrepresented backgrounds, finding new ways to invest in the personal and professional development of every one of our employees is top of mind.

WBA’s employee resource group (ERG), which launched in June, continues to provide a safe space for our colleagues of color and individuals of underrepresented backgrounds to engage in employee-led conversations once a month related to their identity or feelings, ideas, and developments in the diversity, equity, and inclusion (DEI) space.

The next meeting will be held Thursday, September 22 at 10:00 a.m. The conversation will include the topic of professionalism and an open discussion with staff from Peoples State Bank, Wausau regarding their involvement with the local Hmong community. Bank leaders, managers, and HR professionals are encouraged to forward this opportunity on to bankers who may benefit from this inclusive forum.

Additionally, in conjunction with WBA’s DEI Plan to provide professional development opportunities and foster a welcoming, inclusive culture, I am excited to announce that WBA will be offering three educational scholarships to select WBA events this fall.

These scholarships, offered in partnership with the Federal Home Loan Bank of Chicago, will be presented to bankers of historically underrepresented backgrounds — including, but not limited to, individuals of African American/Black, Asian/Asian American/Desi, Indigenous, Hispanic/Latinx/Spanish origin; members of the LGBTQ+ community, people with disabilities, and those part of a religious minority. Please share this scholarship opportunity with members of your staff as they look to expand their career within the banking industry.

WBA’s three educational scholarships will cover the registration fee of the selected program along with any overnight accommodation, as needed.

Scholarships are available for:

I encourage bankers to take this chance to invest in their professional development and share these various opportunities with members of their staff. It is ever so important for the prosperity of our banks and the communities in which they serve that individuals of all backgrounds and experience levels are supported in their pursuit of new degrees of leadership and opportunities to expand their career and network.

Apply Now

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Wisconsin Program Prepares Future Commercial Bankers for Successful Careers

Marquette University Commercial Banking Program welcomes fifth cohort since inception

Dr. Kent Belasco

By Cassandra Krause

The Commercial Banking Program at Marquette University in Milwaukee is one of very few undergraduate commercial banking programs in the country and has graduated 56 students since the program’s inception in 2017, with an additional 16 planned in the next year, at a minimum. At the helm of the program is Dr. Kent Belasco, a 37-year banker who pivoted to a full-time career in higher education after having taught part-time as an adjunct professor of finance while he worked as an executive vice president and chief information and operations officer at a bank. Belasco said his two main goals for the program are (1) to provide students with great career opportunities and (2) to provide talent to the industry.

Students in the finance major at Marquette have the option to choose a concentration in the Applied Investment Management Program or the Commercial Banking Program. Belasco developed an advisory board, built the curriculum for
the Commercial Banking Program, and has published a Fundamentals of Commercial Banking textbook. The program is highly experiential, allowing students to analyze actual small businesses in the community and internationally. Students complete two internships with banks during the program and have opportunities to participate in competitions and field trips to places near and far, like Chicago and Zurich, Switzerland. Marquette is also co-branding research on bank performance with Crowe LLP (a Wisconsin Bankers Association Associate Member), with which students can get involved.

Students complete their introductory classes in finance and typically apply to the Commercial Banking Program as sophomores. A 3.0 GPA
is required for participation in the program, and students complete rigorous coursework that equips them with knowledge and skills Belasco says many bankers may not otherwise acquire until many years into their careers. Banking careers provide the opportunity to earn a good living in a rewarding industry. Belasco noted that today’s students are socially conscious, want to make a difference, and want to give back to the community. When he explains how those values align with the banking industry, he finds that it resonates well with students. He opens one of his introductory classes with a quote from Jason DeSena Trennert’s book, My Side of the Street:

Modern banking… has been the single greatest contributor to human progress… Academics have long noted the strong correlation between modern banking systems and national wealth, allowing businesses to take on more risks in their efforts to grow. Prudent risks can lead to faster economic growth, more jobs, and greater innovation in all fields of human endeavor.

Students who complete the program have a solid command of banking principles and terminology, have worked on projects with businesses and non-profit community organizations, and are eager to grow in meaningful careers. The program boasts a 100 percent job placement rate of its graduates in banks. For bank leaders who are looking to connect with the program and its students, there are a number of avenues:

  • Offer an internship (many can be done remotely during the academic year and/or in person over breaks);
  • Sponsor a scholarship;
  • Host a field trip;
  • Volunteer on a panel or at a career night; and/or
  • Attend the annual conference.

Last year’s virtual cybersecurity conference had around 200 attendees, and the focus of this year’s conference will be climate/sustainability.

An ideal partnership, says Belasco, could look like the following: the bank identifies a student in their local community with an aptitude for banking, sponsors a scholarship for the student at Marquette, offers the student an internship, and then hires the student into a key position at the bank upon graduation. There is a lot of flexibility in how to get involved, and Belasco encourages bankers to reach out to him personally about their plans for succession and talent development.

Daryll Lund, WBA executive vice president and chief of staff, serves on the advisory board for Marquette’s Commercial Banking Program. “To have a specialized program of this quality right here in our state is a great asset for Wisconsin’s banking industry,” says Lund of the program. “I would encourage bankers to raise awareness of the program in their communities and to get involved as employer partners.”

The program is a “win-win-win” for students looking for rewarding careers, for banks seeking talented employees, and for the bank customers they serve.

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Two UW Students Awarded Agricultural Banking Scholarships

The Wisconsin Bankers Foundation has awarded UW-Platteville senior Alexis Boston and UW-River Falls junior Joseph Schlies with the 2021 Agricultural Banking Scholarship. The scholarship is given to two students who plan to go into a career in agriculture finance and who demonstrate in their application a strong understanding of the importance of financial literacy.

Boston is a declared agribusiness major expected to graduate this December. She has worked as an agribusiness professor assistant at UW-Platteville and currently is involved in many on-campus and community organizations including UW-Platteville’s Agribusiness Club, the Collegiate Farm Bureau, and the National Agri-Marketing Association.

Schlies is a declared agricultural business major. He currently holds two positions at the college as a teaching assistant in the Agricultural Economics Department and as a residential assistant. Previously, Schlies was the state president for the Wisconsin Association of FFA State Officers. He is also actively involved on his campus as the vice chair of the Finance Committee and at-large senator of the Student Government Association.

“Joseph and Alexis’s passion for agricultural finance and making an impact on their community is foundational to the qualifications for the Foundation’s Agricultural Banking Scholarship,” said Foundation Chair Rose Oswald Poels. “I am pleased that we are able to honor their achievements with this scholarship and wish them each much success in their future agribusiness careers.”

Joseph Schlies (center) accepts 2021 Agricultural Banking Scholarship from WBF Chair Rose Oswald Poels (second from left). Also pictured are: Dr. Dale Gallenberg, dean of the College of Agriculture, Food and Environmental Sciences (far left); Dr. Brenda Boetel, professor and chair of the Agricultural Economics Department (third from the right); Dr. Sierra Howry, associate professor of agricultural economics (second from right); and Tony Betley, vice president – senior agricultural banker at Nicolet Bank.

Alexis Boston (center) accepts 2021 Agricultural Banking Scholarship from WBF Chair Rose Oswald Poels (far left). Also pictured are: Nicholas Felder, vice president – commercial/ag banking at MidWestOne Bank (second from left); Chad Bahr, assistant vice president – agribusiness lending officer at Mound City Bank (second from right); and Donna Hoppenjan, president and CEO of Mound City Bank (far right).

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Madison, WI 53718

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