December 3, 2018: Port Washington State Bank Plans For New Mequon Branch
Port Washington State Bank (PWSB) is pleased to announce plans to open a Mequon location in the first quarter of 2019.
PWSB Chairman/President and CEO Steven R. Schowalter indicated that the bank intends to occupy the former Associated Bank location at 10509 N. Port Washington Road in Mequon.
"We are excited to broaden our reach with this expansion. Our recently added Thiensville office has been a wonderful extension of our Ozaukee County footprint, generating relationships with both Mequon and Thiensville residents. We view this new location as an another way to service our existing customers and welcome others to the PWSB brand," commented Schowalter.
Subject to regulatory approval, the new branch location would be the eighth for Port Washington State Bank, with all locations located in Ozaukee County. The 4,300 square-foot branch will be full service, offering personal banking along with commercial and mortgage lending, all on site. "Geographically, this location places us among local businesses who value quick decisions and superior customer service. And for the many residents of Mequon that value the community bank model, we will be a refreshing alternative," Schowalter added.
PWSB is one of just 204 banks headquartered in Wisconsin. In 2007, that number was 301. Schowalter credits the longevity and stability of his family's 120-year-old institution to focusing on customer needs first, in the form of attention, technology and expert knowledge.
The community banking concept is proven to be a critical factor in the health of small business. A study from the 12 Federal Reserve banks found that small businesses that apply for loans with community banks are the most successful and most satisfied.
November 6, 2018: Port Washington State Bank Promotes Shelly Hartmann
Port Washington State Bank promoted Shelly Hartmann to Vice President - Compliance Officer. In this role, Shelly will be responsible for training, management and oversight of policies and procedures related to the rules and regulations that govern the financial industry and encourage fair practices.
"Port Washington State Bank supports a strict compliance management program as a demonstration of our core values and commitment to doing what is best for our customers. Shelly's knowledge of various operations along with her strong communication and training skills made her the perfect candidate," commented Steven Schowalter, President/CEO.
Shelly has been a loyal employee of the bank for more than 20 years. Recently she attended the Compliance Loan and Deposit School to earn a Compliance certification. Certifications like this are made possible through the Independent Community Bankers Association of which Port Washington State Bank is a member. "Shelly's 20 years of loyalty to the bank are appreciated, but her work ethic, eagerness to learn and collaborative nature are invaluable to our organization," Schowalter noted.