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Port Washington State Bank Announces Officer Promotions

Port Washington, WI (March 4, 2014) - Port Washington State Bank has announced two promotions of its senior management staff for James Schowalter and Melanie Spencer.

James S. Schowalter has been promoted to the position of Senior Vice President-Chief Credit Officer and will continue to be responsible for oversight of all aspects of the bank’s lending divisions. This includes commercial, mortgage and consumer lending, as well as processing and servicing.  

"This recognition is representative of the great work James has done in his role at PWSB,” said Steve Schowalter, President/CEO. “His passion and commitment to community ensures the high level of service and quality at our bank will continue.” A graduate of Marquette University, his banking career spans 12 years.

In addition, Melanie Spencer has been promoted to Senior Vice President of Compliance and Human Resources. Ms. Spencer has over three decades of banking experience with PWSB in nearly every area of service and is a Certified Community Bank Compliance Officer. A graduate of the Graduate School of Banking and the Wisconsin Bankers Association Leadership Program, she holds a Human Resource Management Certification from Concordia University.

"Melanie is a valued member of the bank's senior management team and her compliance role in particular is critical to the ongoing success of our bank,” Schowalter continued. “Her knowledge of the industry and tenure and respect as a long-time member of statewide banking association schools and committees is unparalleled.”

Port Washington State Bank is a locally owned and operated, 115-year-old, five- generation community bank serving Ozaukee County through six full service locations. Insured by the Federal Deposit Insurance Corporation, the bank has $460 million in banking assets under management and is the only locally owned and operated bank headquartered in Ozaukee County.