TEB Bancorp Inc. and The Equitable Bank, SSB have announced the promotion of Tom Sattler to president effective June 1, 2022. Jenny Provancher will maintain her role as chief executive officer for both entities and will continue to lead the bank’s culture that values steady growth, outstanding customer service, providing internal advancement opportunities and continued modernization of products, processes, and tools.
As president, Sattler will work closely with Ms. Provancher and department leaders to manage day-to-day operations, continue to grow the bank’s commercial and residential mortgage loan portfolio and craft the bank’s risk profile. “I am excited Tom has accepted this new leadership role,” said CEO Provancher. “During his tenure, Tom’s passion for community banking has been a constant motivator to the management group he will now be leading. I look forward to working with Tom to continue to advance the goals of the organization.”
Sattler has nearly 30 years of banking experience at four community banks focusing on customer service, product development, marketing and public relations. While at Equitable, Sattler has been instrumental in developing the commercial banking framework that has allowed the bank to diversify its lending portfolio. Sattler serves on various Wisconsin Banker’s Association committees, is active in community banking advocacy, and participates in a variety of local civic organizations.
He has a bachelor of arts degree (B.A.) from Indiana University, graduated from Cardinal Stritch University with a master’s degree in business administration (M.B.A.), and completed studies at the Graduate School of Banking at the University of Wisconsin-Madison.