WBD Inc. (formerly Wisconsin Business Development) has recognized Bank of Wisconsin Dells’ Vice President/Commercial Loan Officer, Connie Suemnicht, as one of Wisconsin’s top eight lenders. This award recognizes eight lenders from across Wisconsin as WBD Elite Lending Partners for their success in helping small business get the financing they need to grow, create jobs and build communities.
Pictured with award: Connie Suemnicht of Bank of Wisconsin Dells, Member FDIC, and Kyle Kuntz of WBD, Inc.
"WBD has helped thousands of businesses and worked with hundreds of banks and lenders, but this group has distinguished itself as our top lending partners, proving time and again they will put the needs of their customers first when it comes to helping their small business customers get the financing they need to grow and succeed," explained WBD President/CEO Dan Schneider.
These lenders have distinguished themselves by helping 10 or more businesses move forward by partnering with WBD to provide business financing solutions. Their combined efforts have identified 100 financing projects in 22 different counties, placing over $165 Million into the hands of these small businesses for growth and expansion.
"This group shares our commitment growing our economy by investing in the ideas, ingenuity and hard work of small businesses across Wisconsin. Together these projects have created 791 new jobs and helped retain another 741 existing jobs." stated Schneider. “We are especially proud that ¼ of all the businesses financed by this group over the years were owned by women.”
WBD's relationships with local lenders are true partnerships that work in the best interests of the businesses they serve. Local lenders work hard to keep their finger on the pulse of the communities they serve and are committed to finding ways to help small businesses with big dreams realize their potential.
About Wisconsin Business Development
Since 1981, Wisconsin Business Development (WBD) has been partnering with Wisconsin financial institutions to provide business financing solutions to help small businesses grow and keep our economy strong. As a SBA Certified Development Company, WBD is able to access financing solutions that help reduce risk for lenders and improve terms for borrowers, helping more small businesses get access to capital for growth and expansion. WBD is proud to have funded more than $2 billion of development projects which have created more than 50,000 jobs statewide.
Bank of Wisconsin Dells is pleased to announce the following staff promotions:
Kim Pearson, VP & Retail Sales Manager, to Senior Vice President.
Scott Rockwell, VP / Commercial Loan Officer, to Senior Vice President.
Keara Brecka ( NMLS# 1299601 ), to Consumer & Residential Mortgage Loan Officer.
- Suemnicht Named One of Wisconsin's Top Lenders - February 2018
- Bank Announces Promotions - February 2018
- Bank Joins Golden Oak Legacy - January 2018
- Bank Welcomes AVP/Commercial Loan Officer, Walsh-Laehn - January 2018
- Quilts of Valor on Display at BWD - January 2018
- Bank Donates to Pauquette Park Pavilion - December 2017
- Community Banks Support the Fight Against Breast Cancer - November 2017
- BWD Employee Graduates Personal Banker School - November 2017
- Commercial Lenders Awarded Diplomas - September 2017
- CBOP's, Theresa Hoppmann, Celebrates 20 Years - September 2017
- BWD Ranked No.1 Leasing Business in Four-State Region - August 2017
- CBOP's, Barb Marz, Celebrates 20 Years - July 2017
- SBA Honors Bank of Wisconsin Dells - July 2017
- BWD promotes Smith - May 2017
- BWD's Lori Schultz Celebrates 35 Years - May 2017
- CBOP's Jeanne D'Amour Celebrates 25 Years - April 2017
- BWD Announces $2 Million Renovation and Expansion - September 2016
- BWD hires Wegner as newest VP/Commercial Loan Officer - August 2016
- BWD Sponsors Downtown Dells Farmers' Market - August 2016
- CBOP Celebrates 20 Years - July 2016
- BWD Donates to Safe Harbor Fundraising Campaign - July 2016
- CBOP hires Business Development Officer - June 2016
- BWD Announces Retirement of Diana Fish - May 2016
- April is ICBA Community Banking Month - April 2016
- CBOP Announces New Branch Manager - January 2016
Bank of Wisconsin Dells recently became the 97th member of the SSM Health St. Clare Foundation Golden Oak Legacy Society at St. Clare Hospital, Baraboo.
The Golden Oak Legacy Society honors and recognizes friends of the St. Clare Foundation who generously gift $5,000 or more to the Foundation's endowment, permanent investment portfolio. All gifts to the endowment last forever, with only the fund's investment income used to purchase medical technology and fund program sponsorships for St. Clare Hospital facilities.
Pictured Left to Right: SSM Health St. Clare Hospital President Laura Jelle, SSM Health St. Clare Foundation Executive Director Julia Randles, Bank of Wisconsin Dells President Jon Bernander and Nancy Zingsheim, President of St. Clare Foundation Board of Director's.
The Bank of Wisconsin Dells is pleased to announce the hiring of Tanya Walsh-Laehn ( NMLS #553127 ) as Assistant Vice President/Commercial Loan Officer. In her role at the main bank, Tanya will be working with commercial customers, assisting them in attaining their financial goals.
Tanya, a native to Mauston, graduated from Upper Iowa University with a Bachelor’s Degree in Business Administration and minor in Finance. She began her financial career in 2005 as a Mortgage Residential Officer at a corporate institution located in Mauston, Wisconsin and was later promoted to Branch Market Manager at the same institution in Adams, Wisconsin.
“We are very pleased to have Tanya join our commercial lending team,” stated bank president, Jon Bernander. “She brings a wealth of knowledge and experience that will be beneficial as we continue to grow.”
Tanya currently resides in Mauston, Wisconsin with husband, Seth, and daughter, Chloe, on their family farm, known as Walsh Grain Farms. She enjoys spending time with her family and the great outdoors—whether it be hiking or relaxing at the lake.
The Quilts of Valor (QOV), a national group that aims to cover service members and veterans touched by war with comforting and healing quilts, invites you to join in their National Sewing Day on February 3rd, 2018 at the Kilbourn Public Library from 9:00 a.m. to 4:00 p.m.
Dells QOV member, Joanne Van Wie, and husband, John Van Wie, joined bank President, Jon Bernander, at the Bank of Wisconsin Dells' main branch to kick off their effort in promoting the event by hanging a quilt in the bank's lobby. Additionally, Bernander committed $200.00, on behalf of the bank, to help kick start their fundraising campaign.
Pictured from left: John Van Wie, Joanne Van Wie, and bank president, Jon Bernander.
QOV hopes to attract volunteers, raise funds and collect as much fabric and quilt-making items as possible leading up to the event. Items needed include sewing machines as well as red, white, blue, neutral-colored and patriotic-themed fabrics, roller cutters, cutting mats, rulers, scissors, pins, seam rippers, etc.
The Deadline for registering for the event is Jan. 31, and registration forms are available in the Bank of Wisconsin Dells' main branch lobby.
Since its founding in 2003, Quilts of Valor has donated more than 119,000 quilts to veterans and those touched by war.
For more information on The Quilts of Valor please visit http://www.qovf.org/.
Quilts of Valor National Sewing Day
February 3, 2018
Place: Kilbourn Public Library
Time: 9:00 a.m. to 4:00 p.m.
What to Bring: Sewing machine, red, white, blue, neutrals, Patriotic fabrics (or whatever scrap fabrics you want to use), roller cutter, cutting mat, ruler, scissors, pins, seam ripper, etc.
You may have your own QOV quilt design or you may choose to make the half square triangle as a group. Lunch, beverages and snacks will be provided.
Please call Joanne (608) 393-0354 or Barb (608) 254-2658 for any questions.
The Bank of Wisconsin Dells and Community Bank of Portage, Member FDIC, recently donated $5,000 toward a band shell to be built in Pauquette Park located in Portage, presently being fund-raised by the Portage Service Club Association (PSCA).
Pictured from left back row, Marianne Hanson of the Portage Chamber, Anastasia Kinney of Community Bank of Portage, Mike Hurd of PSCA, Jon Bernander of Bank of Wisconsin Dells, Nancy Beasley of PSCA, Ben Brancel of Bank of Wisconsin Dells Board of Directors, Heather Meyer of Community Bank of Portage, and from left front row sitting, George Beasley and Nancy Schaper of PSCA.
“Our bank continues to be a strong supporter of the community,” stated bank president, Jon Bernander. "We see this wonderful project as one that will truly benefit the entire Portage area and one that will further enrich community pride.”
The funds raised by PSCA will go toward a pavilion, handicap accessible restrooms, four-foot wide sidewalk, and enhance the park’s overall amenities.
“Portage Service Club Association is grateful to Community Bank of Portage for the generous donation of $5,000 to go toward the building of the pavilion at Paquette Park,” said PSCA President, George Beasley. “It demonstrates a wonderful community support from the bank.”
Community Banks Support the Fight Against Breast Cancer
The Bank of Wisconsin Dells and Community Bank of Portage presented a $1,250.00 check to Columbia County’s, Pink Ribbon Angels , to support the fight against breast cancer. During the month of October, employees at all Bank of Wisconsin Dells locations were given the option to donate weekly for the opportunity to wear jeans and pink shirts on that corresponding Friday—better known internally as Go Pink Fridays ! In addition to this internal fundraiser, each branch had a designated Breast Cancer Awareness table set up in the lobbies to honor the month and help give a voice to those affected by breast cancer.
Pictured from left is Lori Schultz of the Lake Delton branch,Jill Decker of Pink Ribbon Angels, Heather Meyer of Community Bank of Portage,Tracey Pierce and Sarah Morrin of the Bank of Wisconsin Dells’ main bank.
The Bank of Wisconsin Dells’ Personal Banker, Maggie Kutina, graduated from the Wisconsin Bankers Association (WBA) Personal Banker School mid-October, 2017 in Wisconsin Dells. The curriculum is designed to provide bankers with the skills they need to better serve the needs of their customers by increasing their product knowledge and providing exceptional customer service.
Maggie has been an employee at the Bank of Wisconsin Dells since August, 2012 and just recently transitioned from Customer Service Representative (CSR) at the Lake Delton branch to her current position as Personal Banker at the main bank. The Bank of Wisconsin Dells is pleased to have Maggie in her newfound position and appreciative of her continued commitment.
Pictured: Bank of Wisconsin Dells’, Member FDIC, Personal Banker, Maggie Kutina.
Commercial Lenders Awarded Diplomas
The Bank of Wisconsin Dells proudly recognizes Commercial Lenders, Scott Rockwell, Travis Bolcerek and Brandon Wegner, for completing their education at the prestigious Graduate School of Banking at the University of Wisconsin-Madison. The group was awarded diplomas on August 11, 2017, at the Graduate School of Banking’s 73rd commencement ceremony.
Graduates pictured from left to right: Vice President Scott Rockwell, Vice President Travis Bolcerek and Vice President Brandon Wegner.
The School, sponsored by state bankers associations from across the central United States, as well as the University of Wisconsin-Madison, was established in 1945 to provide bankers with an opportunity for advanced study and research in banking, economics and leadership. Instruction at the Graduate School of Banking takes place during two-week resident sessions for three consecutive summers, along with comprehensive study between summer resident sessions. The curriculum focuses on the management of strategic issues faced by banking executives and financial services industry professionals.
The Graduate School of Banking enrolls approximately 600 US and international professionals each year. More than 85 esteemed academicians, economists, government officials, and industry professionals comprise the School’s faculty.
The Bank of Wisconsin Dells would like to thank the Community Bank of Portage’s Personal Banker, Theresa Hoppmann, for her 20 years of hard work, dedication and commitment.
Theresa has been in the banking industry for 27 years. After moving from Minnesota to the area, she joined the Bank of Wisconsin Dells’ family in 1997, accepting her current position as a Personal Banker at the Portage branch, Community Bank of Portage. Theresa resides in Dalton, Wisconsin with her husband, Jon, and 9-year-old daughter, Emma.
“I feel blessed and privileged to work for such a great organization,” says Theresa.
The Bank of Wisconsin Dells and Community Bank of Portage are beyond grateful for the time and effort Theresa has committed throughout these 20 wonderful years. Congratulations, Theresa!
The Bank of Wisconsin Dells secured the number one spot for Leasing Businesses in Bankers’ Bank four state region for fiscal year 2016. By the end of the fiscal year, Bankers’ Bank processed several transactions with the Bank of Wisconsin Dells' team which totaled over $2.2 million in new business.
“The equipment leasing program is a great tool for our customers to receive 100% financing (no down payment) on business equipment,” said Vice President and Product Manager, Travis Bolcerek. “The program does not apply strictly to traditional equipment; almost any type of equipment qualifies. No longer are there large fees and penalties, which are commonly associated with traditional leases. The lease program offers flexible payment structure, a fixed rate for term of the lease, can help meet your tax objectives, and is now available at your community bank.”
In addition to this esteemed ranking, the Bank of Wisconsin Dells was recognized for a number of other achievements for fiscal 2016. Bauer Financial awarded Bank of Wisconsin Dells its five-star, or “superior”, rating for a second year in a row. This rating is measured on a one through five-star scale and is based on data filed Dec. 31, 2016 with the Federal Deposit Insurance Corporation. The bank also received the Small Business Association’s (SBA) Lender with the Most 504 Loan Participations award as well as placing in the top 100 out of 6,800 community banks nationwide.
Pictured: Senior Vice President and Chief Lending Officer, Paul Schaller, congratulating Vice President and Product Manager, Travis Bolcerek, for the bank's leasing accomplishments.
The Bank of Wisconsin Dells received the Small Business Association’s (SBA) Lender with the Most 504 Loan Participations award for fiscal 2016. In addition to being one of 11 Wisconsin lenders recognized by SBA for its commitment to small businesses in fiscal year ending Sept. 30, 2016, the Bank of Wisconsin Dells also placed in the top 100 community banks nationwide, ranking 95th out of 6,800. The bank received its award May of 2017 at the Wisconsin Lenders Conference.
The Bank of Wisconsin Dells’ lending team—equaling 135 years of lending experience combined, pictured with SBA’s Lender with the Most 504 Loan Participations award. From left, front row: Connie Suemnicht and Paul Schaller; from left, back row: Travis Bolcerek,Brandon Wegner, Scott Rockwell, Bob Wachuta and Sean Brennan.
“At the Bank of Wisconsin Dells we have been able to use the SBA 504 lending program to help our customers finance purchases and expansions of businesses with significantly less down payment requirements,longer amortizations, and offer them long term, up to 20 year, fixed rates on a portion of their financing package,” said Senior Vice President and Chief Lending Officer, Paul Schaller. “This public private partnership with the SBA has allowed us to better serve the communities and customers we represent. As a community bank, anytime we can find programs that help our customers to improve the rates and terms they can finance their project with, it is a win, win, win. The customer, the community, and our bank are all winners! We are very proud of this award. I want to compliment my lending team for their efforts in delivering this valued program to our customers and most of all we are ALL very pleased to be able to use this program to the benefit our customers and communities.”
Wisconsin’s lending dollars increased in the previous year by more than 8 percent at $656.8 million. Of the 1,656 loans made in Wisconsin, 578 (approx. 36 percent) were made to new businesses. New and existing companies benefit from SBA’s main lending program because it guarantees the loans made by banks and other lenders—thus, reducing the risk for the lender.
The Bank of Wisconsin Dells would like to thank the Community Bank of Portage’s CSR Supervisor, Barb Marz, for her 20 consecutive years of hard work, dedication and commitment.
Barb began her career with the Bank of Wisconsin Dells in 1977 as a Customer Service Representative (CSR). After relocating to her home state, Illinois, and raising her beautiful family, the bank was thrilled to have Barb return in 1997 as a CSR at its Portage branch, Community Bank of Portage. In May of 2013, Barb accepted her current position as CSR Supervisor.
“I have so appreciated the working relationship and friendship I have with my ‘family’ in Portage and extended ‘family’ at the main bank and Lake Delton branch through the years,” said Barb. “It has been my pleasure and privilege to serve our customers and community.”
The Bank of Wisconsin Dells and Community Bank of Portage are beyond grateful for the time and effort Barb has committed throughout these 20 wonderful years. Congratulations, Barb!
The Bank of Wisconsin Dells is proud to announce, Tammy Smith, as the new Vice President of Operations. In her position as Vice President of Operations, Tammy, will focus on project management, supporting the general operations of the bank as well as overseeing IT, Deposit Operations and Loan Processing departments.
The Bank of Wisconsin Dells would like to thank Assistant Vice President and Lake Delton Branch Manager, Lori Schultz, for her 35 years of hard work, dedication and commitment!
Lori joined the Bank of Wisconsin Dells as a Customer Service Representative at the Lake Delton location in 1982. She was promoted to Customer Service Representative Supervisor in 2009, then to Branch Manager and Assistant Vice President in 2012. Congratulations Lori!
The Community Bank of Portage and Bank of Wisconsin Dells would like to thank Customer Service Representative, Jeanne D’Amour, for her 25 years of hard work, dedication and commitment.
This year we celebrate Jeanne’s 25th consecutive year with the Bank of Wisconsin Dells! Jeanne, a Mauston native, has over 30 years of combined banking experience with the Bank of Wisconsin Dells. Jeanne has been a Teller, a Loan Processor,Customer Service Representative Supervisor, and now shares her experience with the Customer Service Representative team at our Portage location. The Community Bank of Portage and Bank of Wisconsin Dells thank Jeanne for her hard work, dedication, and commitment.
The Bank of Wisconsin Dells has announced its plans for a $2 Million renovation and expansion of its Lake Delton location. The Lake Delton branch opened its doors in 1968, but later relocated to its current location on the corner of Adams and Judson Street in 1971. Although the 45 year old building has served the community well over the years, cobbled utilities and the aging of the facility has reaffirmed the need for renovation.
In choosing to renovate rather than relocate, the Bank of Wisconsin Dells is renewing its commitment to the Village of Lake Delton and its Business District. The bank has worked closely with local architects from Architectural Design Consultants (ADCI) in creating a business-like, yet aesthetic ‘Northwood’s’ design that will enhance and continue the business-district vision that has been created by the Village of Lake Delton.
The ceremonial ground breaking of the expansion was held on September 20th. Officers and directors of the bank were joined by representatives from Architectural Design Consultants (ADCI), Holtz Builders and the Village of Lake Delton as the project was unveiled. The renovation and expansion is expected to be completed by June 2017.
“We would sincerely like to thank our customer base for their loyalty, for it is that commitment to their local bank that has allowed the bank to continue its growth and build on its successes,”said Jon Bernander, President and CEO of Bank of Wisconsin Dells.
The Bank of Wisconsin Dells is pleased to announce the hiring of Brandon Wegner (NMLS #488020) as Vice President/Commercial Loan Officer, Lake Delton branch. Brandon is currently working out of the Wisconsin Dells office and will join fellow VP/Commercial Loan Officer Travis Bolcerek as the branch office expansion progresses.
Brandon, a Baraboo native, is a graduate of UW- Whitewater with a Bachelor’s Degree in Finance. He began his career as a Loan Officer in 2003. In his role at the Lake Delton branch, Brandon will be working with commercial customers, assisting them in attaining their financial goals.
“We are very pleased to have Brandon join our commercial lending team,” stated Jon Bernander, President of the Bank of Wisconsin Dells. “He brings a wealth of knowledge and experience that will be beneficial as we continue to grow.”
Aside from his involvement with numerous community organizations, Brandon also enjoys spending time with his family, watching Brewers baseball and relaxing at the lake.
The Bank of Wisconsin Dells proudly supports the efforts to continue to “Grow Our Community” with a $1,000.00 sponsorship of the Downtown Dells Farmers’ Market.
Business Improvement District (BID) Committee Chairperson, Kelli Trumble stated, “Farming and tourism are Wisconsin’s top industries. The Bank of Wisconsin Dells has creatively shown its support of the downtown revitalization through its commitment to the new Downtown Dells Farmers’ Market.”
The Business Improvement District (BID) will be hosting a market preview on Sunday, September 11, 2016 from 9:00 am to 1:00 pm. This Farmers Market will take place in the 700 block of Oak Street downtown Dells and will feature many Wisconsin based vendors as well as live music.
Bank President, Jon Bernander stated that “Wisconsin’s agriculture industry is vital to our local economy and the Bank of Wisconsin Dells supports the Downtown Farmers’ Market mission to provide access to fresh and healthy Wisconsin products.”
Beginning May 14, 2017, there will be a farmers’ market in downtown Wisconsin Dells every Sunday through October which will feature only Wisconsin-area Farm Producers.
The Community Bank of Portage is celebrating 20 years of service in the Portage area with a ‘Special’ Customer Appreciation Event on Friday, July 29, 2016.
The second branch for the well-established Bank of Wisconsin Dells, The Community Bank of Portage opened its doors on the 25th of July 1996. It quickly grew to become one of the leading banks in the Portage area under the local management of Barb Knight. With Barb’s recent retirement, Heather Meyer a lifetime Portage resident now oversees the branch operations.
Organizers sought a location that understood the core values in which the Bank of Wisconsin Dells itself believes. Portage quickly became the location of choice based on their obvious home town values, local pride, small business growth and ideal proximity. The vision of opening a branch location that boasted exceptional service and big bank products while maintaining the community bank atmosphere became a reality.
The bank is a strong supporter of local organizations and events such as the Annual Concerts in the Park, the Portage Center of the Arts, American Legion Baseball and the Portage Public Library. Our staff is actively involved in organizations throughout the community. Over the holiday season the branch proudly plays host to the annual hat and mitten tree mission, which is decorated by the generosity of customers and employees, providing a little warmth to those in need by offering and often making winter hats, scarves and mittens.
The Community Bank of Portage success over the past 20 years can only be contributed to its customers, employees (past and present), and the wonderful Portage community itself. Currently, the bank has over $72 million in local deposits and employs 10 people. Many of the employees have been a part of the branch for 20 years. All our employees pride themselves in delivering great products with excellent customer service.
“We would like to thank our loyal customers and the people in the Portage area for allowing us to serve you, and your financial needs throughout the years,” stated Heather Meyer, Assistant Vice President, Branch Manager and Residential Loan Officer at Community Bank of Portage. Member FDIC.
The Bank of Wisconsin Dells proudly donated $1,000.00 to the Reedsburg Safe Harbor Homeless Shelter in support of their fundraising efforts to purchase a new facility.
The shelter aims to provide temporary lodging for homeless women and children located in the five counties surrounding the Reedsburg area. Their mission is to empower the homeless to become confident, independent, stable and productive citizens within the community through various programs such as budgeting, parenting, life skills, and job interview training.
“We are excited to be a part of such an important fundraising campaign” said Bank of Wisconsin Dells President, Jon Bernander. “We hope they are able to realize their dream of a new facility within this year.”
The ability to purchase a new facility will allow Safe Harbor to better accommodate the growing needs of its visitors and staff by providing more rooms and bathroom accommodations.
For more information or to donate to the Safe Harbor Homeless Shelter please visit safeharborreedsburg.org.
The Bank of Wisconsin Dells is pleased to announce Anastasia Kinney as the new Business Development Officer at the Community Bank of Portage, a branch of Bank of Wisconsin Dells. Anastasia, a 2005 graduate from Portage Area High School, graduated from UW- Baraboo with an Associate’s Degree in Business. She is an ambassador for the Portage Area Chamber of Commerce, as well as a member of the Rotary Club and Elks Lodge #675. In her role at the Community Bank of Portage, Anastasia will be reaching out to local businesses to help build stronger relationships throughout the community.
“We are very pleased to have Anastasia join us at the Community Bank of Portage,” stated Jon Bernander, President of the Bank of Wisconsin Dells. “She brings a vast amount of customer service knowledge and a great sense of community pride.”
Aside from spending time with her daughter, Anastasia enjoys hiking, golfing, biking, and going to local events such as farmers markets.
After, 29 years working devotedly for the Bank of Wisconsin Dells, Customer Service Representative, Diana Fish, a native of Reedsburg, WI and graduate of Wisconsin Dells High School will retire on Friday, May 20th.
Diana joined the Bank in 1987 and looks forward to having both the time and freedom to do the things she would like such as gardening, riding motorcycles with her husband, and enjoying the outdoors this summer.
“I’ll miss the people and the conversations we have! It’s a surprisingly difficult thing to do (retire). There are many things to think about but I know it’s time,” said Diana.
“On behalf of the stockholders, directors, and employees of the Bank of Wisconsin Dells, we thank Diana for her 29 years of dedicated service and endless contributions to the successes of the bank. We wish her the best in her retirement years.” stated Bank President, Jon Bernander.
April 1, 2016
April is ICBA Community Banking Month—a time to salute the nation’s more than 6,000 community banks and the Main Street communities they serve. Throughout the month, the Independent Community Bankers of America® (ICBA) and Bank of Wisconsin Dells will share the positive story of community banks—how they help their customers and build stronger communities and why they are principal drivers of economic prosperity on Main Street.
“Community banks are locally owned and operated financial institutions that take in local deposits and lend them out locally in the form of loans to customers, farmers and small business owners. Many times, community banks are family owned and have served their community for generations,” said ICBA Chairman and third-generation community banker Rebeca Romero Rainey, chairman and CEO of Centinel Bank of Taos, N.M. “Community banks exist to serve the needs of their customers and communities and make their Main Streets thrive one loan at a time.”
Community banks are relationship lenders that flourish when their customers and communities do the same. Taking care of customers and looking out for the best interest of local communities is inherent to the relationship lending business model that is unique to community banking.
Below are some fun facts about community banks.
- Community banks constitute 96 percent of all banks!
- There are more than 600 counties—almost one out of every five U.S. counties—that have no other physical banking offices except those operated by community banks.
- There are more than 51,000 community bank locations nationwide.
- Community banks hold more than $3.8 trillion in assets, $3.1 trillion in deposits, and $2.6 trillion in loans to consumers, small businesses and the agricultural community.
- Community banks employ 700,000 Americans and create countless jobs thanks to their role in lending to small businesses and agricultural enterprises.
- Community banks make more than 50 percent of small business loans.
- Community banks make 90 percent of agricultural loans.
- More than 2,500 community banks have been in business for more than 100 years.
- The oldest community bank is in Rhode Island. Its 215 years old, which means that it opened the same year that John Adams was elected president and Volta created the first modern battery!
“The Bank of Wisconsin Dells is honored to serve the lending needs of the Wisconsin Dells, Lake Delton, Portage, Baraboo and Reedsburg communities. We care about our customers and are dedicated to helping our local residents and towns thrive,” said Jon Bernander, President, Bank of Wisconsin Dells. “ICBA Community Banking Month gives us an opportunity to celebrate community banking here, and in communities across the nation, and spread the positive story of our industry and the communities we serve.”
The Independent Community Bankers of America®, the nation’s voice for more than 6,000 community banks of all sizes and charter types, is dedicated exclusively to representing the interests of the community banking industry and its membership through effective advocacy, best-in-class education and high-quality products and services. For more information, visit www.icba.org.
January 5, 2016
The Bank of Wisconsin Dells is pleased to announce the promotion of Assistant Vice President, Heather Meyer, to Branch Manager of the Community Bank of Portage, a branch of Bank of Wisconsin Dells.
Heather joined the Community Bank of Portage in June 2008 after holding positions with two other area financial institutions. Meyer (NMLS #500626) has over 20 years of experience in the financial industry and has built an outstanding reputation for providing residential mortgage services to many patrons in the Portage, Wisconsin Dells and Lake Delton areas.
“We are excited for Heather to take on the role as Branch Manager at the Community Bank of Portage,” said Jon Bernander, CEO and President of Bank of Wisconsin Dells. “We sincerely appreciate Heather’s offer to assume the role as Manager. Her outstanding leadership skills have the support of her fellow employees and her commitment to the customers of the Portage area made it clear that Heather was the right person for the job.”