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Waukesha State Bank Hires Commercial Banker - June 23, 2022
WAUKESHA, Wis. (June 23, 2022) - Waukesha State Bank, a full-service community bank with 14 offices in Waukesha County, has hired Erik Doucette as commercial banking officer.

“We are pleased to welcome Erik to our commercial banking team,” stated Tony Laszewski, Waukesha State Bank senior vice president – commercial banking manager. “He brings both a broad financial background and the technical expertise we need to service the businesses of southeastern Wisconsin.”

Erik holds a Bachelors of Business Administration degree in economics from the University of New Hampshire – Peter T. Paul College of Business and Economics and has 30 years of broad financial experience including business, retail and mortgage banking in addition to wealth management expertise. In his new role as commercial banking officer, Erik will be responsible for prospecting, developing and managing commercial loan portfolios. He and his family currently reside in Whitefish Bay.

Established in 1944, Waukesha State Bank is one of the largest locally owned and independent community banks in Wisconsin, with full-service offices in Brookfield, Delafield, Menomonee Falls, Mukwonago, Muskego, New Berlin, Oconomowoc, Pewaukee, Sussex and Waukesha. For more information, visit, www.waukeshabank.com. Member FDIC.

Waukesha State Bank Promotes Anna Eby - June 3, 2022
WAUKESHA, Wis. (June 3, 2022) – Waukesha State Bank, a 14-branch independent community bank in Waukesha County, is pleased to announce the promotion of Anna Eby to bank manager of its Brookfield office located at 18300 W. Capitol Drive.

“Anna has consistently grown her knowledge and skills to become a valuable member of our team and a trusted resource for our customers. She has been an integral part of the Brookfield office’s success over the past seven years, and her commitment to the bank’s mission of serving our customers and the community makes her a great fit to lead our Brookfield office,” stated Devon Arnold, Waukesha State Bank senior vice president – retail banking manager.

Eby started her career with Waukesha State Bank in 2012 as a teller at the Downtown Waukesha office. In February of 2014, she was promoted to customer service representative, and two months later to assistant teller supervisor. In December of 2014, she was again promoted to teller supervisor/personal banker of the Brookfield office. In her new role as bank manager of the Brookfield office, Eby will be responsible for all aspects of daily operations, including business development, personnel management, customer service, lending, relationship management and community service.

Eby earned her Bachelors of Fine Arts degree from Northern Michigan University and is active in the community volunteering with Junior Achievement.

Established in 1944, Waukesha State Bank is one of the largest locally owned and independent community banks in Wisconsin, with full-service offices in Brookfield, Delafield, Menomonee Falls, Mukwonago, Muskego, New Berlin, Oconomowoc, Pewaukee, Sussex and Waukesha. For more information, visit, www.waukeshabank.com. Member FDIC.

Tim Lammers Joins Waukesha State Bank as Mortgage Consultant - June 1, 2022
WAUKESHA, Wis. (June 1, 2022) - Waukesha State Bank, a full-service community bank with 14 locations in Waukesha County, has hired Tim Lammers as a mortgage consultant. Lammers will be responsible for originating mortgage loans, which includes meeting with prospects, taking mortgage applications, counseling borrowers and developing relationships with Realtors, builders, financial service providers and various community groups.

“We are excited to welcome Tim to the Waukesha State Bank mortgage lending team,” stated Robert B. Helvey, Waukesha State Bank senior vice president – mortgage lending manager. “His mortgage experience is a great addition as we expand our mortgage customer base.”

Lammers comes to Waukesha State Bank from Blackhawk Community Credit Union where he served as mortgage loan originator/portfolio loan manager. He holds a bachelor’s degree in business administration from Carroll University and has over 20 years of residential lending experience specializing in originating Fannie Mae/Freddie Mac, portfolio, construction, bridge, and government mortgage loans.

Tim will be based out of the Waukesha State Bank Pewaukee branch located at 1230 W. Capitol Drive, servicing all of Southeastern Wisconsin. He and his family currently reside in Lisbon.

Established in 1944, Waukesha State Bank is one of the largest locally owned and independent community banks in Wisconsin, with full-service offices in Brookfield, Delafield, Menomonee Falls, Mukwonago, Muskego, New Berlin, Oconomowoc, Pewaukee, Sussex and Waukesha. For more information, visit, www.waukeshabank.com.

Waukesha State Bank Promotes Mondi Hernandez - May 27, 2022
WAUKESHA, Wis. (May 27, 2022) - Waukesha State Bank, a full-service community bank with 14 offices in Waukesha County, is proud to announce the promotion of Mondi Hernandez to vice president – south region retail banking manager.

“Mondi has consistently demonstrated a commitment to the bank’s ideals of serving our customers, our employees and the community. She does that with the highest level of professionalism and personal attention. Her career growth and this promotion is a direct reflection of the experience and expertise she has developed and the significant contribution she makes to the bank’s success,” stated Devon Arnold, Waukesha State Bank senior vice president – retail banking manager.

A native of Waukesha, Mondi Hernandez has over 15 years of industry experience and started her career with Waukesha State Bank in 2005. She has held varying positions at the bank including teller, assistant teller supervisor and personal banker before being promoted to bank manager of the former Silvernail Road office in 2014. She transitioned to bank manager of the W. Sunset Drive, Waukesha office in 2015 and then to the bank manager of E. Racine Avenue, Waukesha office in 2016. She was promoted to assistant vice president in 2019 and regional retail banking manager in 2020. In her new role as vice president – south region retail banking manager, Hernandez will continue to manage the E. Racine Avenue location in Waukesha and oversee the south Waukesha State Bank region, which includes the E. Racine Avenue, Waukesha; New Berlin; Muskego and Mukwonago offices.

Established in 1944, Waukesha State Bank is one of the largest locally owned and independent community banks in Wisconsin, with full-service offices in Brookfield, Delafield, Mukwonago, Muskego, New Berlin, Oconomowoc, Pewaukee, Sussex, Waukesha, and soon Menomonee Falls. For more information, visit, www.waukeshabank.com. Member FDIC.

Prairie Trust & Waukesha State Bank Wealth Management Celebrate New Location in Waukesha with Ribbon Cutting - April 27, 2022
WAUKESHA, Wis. (April 27, 2022) – Prairie Trust, a division of Waukesha State Bank, and Waukesha State Bank Wealth Management officially celebrated the opening of their new headquarter location in Waukesha on Tuesday with a customary ribbon cutting ceremony. The new office, which opened February 7, 2022, is located at N16W23321 Stone Ridge Drive in Waukesha. Waukesha County Business Alliance President & CEO Suzanne Kelley, local business representatives, clients and Prairie Trust and Waukesha State Bank officials attended the event.

“2022 marks the 50th anniversary of Prairie Trust and Waukesha State Bank Wealth Management. Over the last 50 years, we have grown to 25 full-time employees and have over $1 billion in assets under administration,” stated Victor Schultz, Waukesha State Bank Wealth Management President & Chief Fiduciary Officer. “This new headquarter location will allow us options for future growth.”

About Prairie Trust
Prairie Trust is the premier fiduciary-focused trust company in Wisconsin specializing in personal trust administration, estate settlement services, and special needs trust administration. Prairie Trust practices an Advisor-Friendly approach, collaborating with financial advisors in the responsibilities of trust management. For more information on Prairie Trust, visit www.prairietrust.com.

About Waukesha State Bank
Established in 1944, Waukesha State Bank is one of the largest locally owned and independent community banks in Wisconsin, with 14 full-service offices in Brookfield, Delafield, Menomonee Falls, Mukwonago, Muskego, New Berlin, Oconomowoc, Pewaukee, Sussex and Waukesha. For more information, visit www.waukeshabank.com. Member FDIC.

Kevin McElmeel Rejoins Waukesha State Bank as Mortgage Consultant - April 25, 2022
WAUKESHA, Wis. (April 25, 2022) - Waukesha State Bank, a full-service community bank with 14 locations in Waukesha County, has hired Kevin McElmeel as a mortgage consultant. McElmeel will be responsible for originating mortgage loans, which includes meeting with prospects, taking mortgage applications, counseling borrowers and developing relationships with Realtors, builders, financial service providers and various community groups.

McElmeel started his career with Waukesha State Bank in September of 2012 as a teller. For five years, he took on increasing roles and responsibilities in the retail banking department including customer service representative, assistant teller supervisor, teller supervisor, and personal banker. When he left the bank in 2017, he was the bank manager of the Mukwonago office.

In the subsequent years following his departure, McElmeel worked for two different mortgage brokers, most recently as a senior loan officer with Prosperity Home Mortgage. With his five years of residential lending experience, he has developed a thorough understanding of agency and government mortgage products and consistently exceeds customer expectations with their home buying needs.

“We are pleased to welcome Kevin back to Waukesha State Bank and specifically to our mortgage lending team,” stated Robert B. Helvey, Waukesha State Bank senior vice president – mortgage lending manager. “His residential lending experience, combined with his strong customer service skills, adds depth to our team as we look to expand our mortgage customer base.”

McElmeel will be based out of the Waukesha State Bank Delafield (3293 Golf Road) and Mukwonago (1160 N. Rochester Street) locations, servicing all of Southeastern Wisconsin. He and his family currently reside in Mukwonago.

Established in 1944, Waukesha State Bank is one of the largest locally owned and independent community banks in Wisconsin, with full-service offices in Brookfield, Delafield, Menomonee Falls, Mukwonago, Muskego, New Berlin, Oconomowoc, Pewaukee, Sussex and Waukesha. For more information, visit, www.waukeshabank.com.

Waukesha State Bank Celebrates Community Banking Month with Free Paper Shredding and More - April 1, 2022
WAUKESHA, Wis. (April 1, 2022) - Waukesha State Bank is celebrating Community Banking Month, throughout April, with a variety of pay it forward events and community activities, including free paper shredding days.

“Community Banking Month is a chance for Waukesha State Bank, as one of the largest independent, community banks in the state of Wisconsin, to celebrate our role in strengthening our local communities,” said Stephanie Ohlfs, Waukesha State Bank Vice President – Marketing Director. “This April, we’re excited to again offer free paper shredding for the public to safely dispose of their personal paper documents.”

The bank will have a mobile paper shredding truck on the following dates:
  • Saturday, April 9, 10 AM – Noon: Pewaukee Office, 1230 W. Capitol Drive
  • Saturday, April 30, 10 AM – Noon: Oconomowoc Office, 1227 Corporate Center Drive
“Investing into the communities we serve has been one of our guiding principles since we were founded in 1944,” said Ohlfs. “Be sure to follow Waukesha State Bank’s social media pages and #PayItForwardPatrol to find out where our staff will be throughout the month. If you find us, you could receive something special.”

Established in 1944, Waukesha State Bank is one of the largest locally owned and independent community banks in Wisconsin, with full-service offices in Brookfield, Delafield, Menomonee Falls, Mukwonago, Muskego, New Berlin, Oconomowoc, Pewaukee, Sussex and Waukesha. For more information, visit, www.waukeshabank.com. Member FDIC.

Waukesha State Bank's Wealth Management & Prairie Trust Divisions Celebrate 50 Years, Relocate Headquarters & Expand into Dane County - March 1, 2022
WAUKESHA, Wis. (March 1, 2022) – Waukesha State Bank Wealth Management and Prairie Trust, divisions of Waukesha State Bank, recently relocated their headquarter location from Oconomowoc to N16W23321 Stone Ridge Drive, Waukesha. In addition, Prairie Trust is expanding into Dane County with leased office space at 4600 American Pkwy, Suite 204, Madison.

“2022 marks the 50th anniversary of Prairie Trust and Waukesha State Bank Wealth Management. Over the last 50 years, we have grown to 25 full-time employees and have over $1 billion in assets under administration,” stated Victor Schultz, Waukesha State Bank Wealth Management President & Chief Fiduciary Officer. “We outgrew our space in Oconomowoc, and this new headquarter location in Waukesha, and expansion west into Dane County, will allow us options for future growth.”

WAUKESHA
The new headquarter location in Waukesha will be home to both the Waukesha State Bank Wealth Management and Prairie Trust teams, which includes retirement planning services, investment management, private banking, trust services and estate planning.

The building, originally erected in the early 2000s, has an 8,032-square-foot main floor and a 736-square-foot second floor. Its design includes elements of Prairie Style architecture, which also characterizes most Waukesha State Bank standalone branches. Regular hours for the new location are Monday through Friday, 8:30 AM – 5:00 PM.

To celebrate the opening of this new location, an official open house and ribbon cutting ceremony will be held on Tuesday, April 26, from 4:00 – 7:00 PM. The Waukesha County Business Alliance, local dignitaries and government officials will join Waukesha State Bank’s President & CEO Ty Taylor, Waukesha State Bank Wealth Management’s President & Chief Fiduciary Officer Victor Schultz, and other Waukesha State Bank Wealth Management and Prairie Trust staff.

MADISON
Prairie Trust-Madison includes 3,227-square-feet of leased office space. Remodeling is currently underway with the expected office opening in second quarter of 2022. An open house event will be held this summer.

About Waukesha State Bank
Established in 1944, Waukesha State Bank is one of the largest locally owned and independent community banks in Wisconsin, with full-service offices in Brookfield, Delafield, Menomonee Falls, Mukwonago, Muskego, New Berlin, Oconomowoc, Pewaukee, Sussex and Waukesha. For more information, visit, www.waukeshabank.com. Member FDIC.

About Prairie Trust
Prairie Trust, celebrating 50 years in 2022, is the premier fiduciary-focused trust company in Wisconsin specializing in personal trust administration, estate settlement services, and special needs trust administration. Prairie Trust practices an Advisor-Friendly approach, collaborating with financial advisors in the responsibilities of trust management. For more information on Prairie Trust, visit www.prairietrust.com.

Waukesha State Bank Adds Three to Board of Directors - February 17, 2022
WAUKESHA, Wis. (February 17, 2022) - Waukesha State Bank, a 14 branch independent community bank in Waukesha County, is proud to announce the addition of Donna Bembenek, President of Catholic Memorial High School; Laura Gutiérrez, Executive Director of the United Community Center; and Sarit Singhal, President & CEO of SSR/Total IT to its Board of Directors.

“We are delighted to welcome Donna, Laura and Sarit to our board of directors,” stated Ty R. Taylor, Waukesha State Bank President & CEO. “They are each leaders in their respective industries, and their individual professional experience with sales, marketing, education, operations, leadership and technology will be invaluable to Waukesha State Bank as we continue to grow.”

Donna Bembenek has a unique background as a leader in publicly traded, closely held and nonprofit organizations. Her early success in senior sales and marketing roles gives her a bottom-line focus and external facing expertise. She has worked at financial services firms, media companies, at the local and national level of the YMCA and is currently the President of Catholic Memorial High School.

Donna holds a master’s degree in business administration from Alverno College, a bachelor’s degree in public relations and marketing from the University of Wisconsin-Whitewater and attended the Graduate School of Banking at the University of Wisconsin. In addition to serving on the corporate board of Waukesha State Bank, Donna has served as the staff liaison for several board committees of previous employers and is active in the community, serving on the board for several community organizations.

Laura Gutiérrez is the Executive Director of the United Community Center (UCC), one of the largest non-profits in Milwaukee. UCC serves clients on the city’s Southside, ages 6 weeks to 100-years-old+, in programs from Early Childhood Education to elderly care. Prior to joining the United Community Center, Laura held several leadership positions within private and public education. Most recently, Laura served as secretary of the state of Wisconsin’s Department of Safety and Professional Services, overseeing a staff of more than 250 and managing a biennial budget of $100M.

Laura earned her master’s degree in Leadership and Policy from Marquette University and her bachelor’s degree from Carroll University. Laura has been recognized for her leadership and impact on the community through a variety of awards, including Milwaukee Business Journal’s “Women of Influence” award and being named to the “Milwaukee-area Power Brokers” list. She was also named a recipient of the 2022 Marquette University “Alumni National Award” and Carroll University “Distinguished Alumni Award.” She serves on the board of the Johnson Foundation at Wingspread and is an active member of Milwaukee Women, Inc., an organization focused on increasing the representation of women on boards of directors to improve Wisconsin businesses.

Sarit Singhal holds a bachelor’s degree in electrical engineering with a minor in computer science from the University of Wisconsin – Milwaukee and founded SSR/Total IT in 1996 to design, implement and proactively manage information technology strategies for small to mid-sized organizations. As CEO, Sarit focuses on strategy, innovation, collaborative leadership and execution of objectives for SSR and its clients.

In addition to serving on the corporate board of Waukesha State Bank, Sarit is a board member for several organizations including Sharp Literacy, Sentry Equipment, and the Metropolitan Milwaukee Association of Commerce’s (MMAC) Council of Small Business Executives (COSBE), where he also serves on the Education Committee. Passionate about education, entrepreneurship and workforce development, Sarit supports programs helping students pave future successful careers. This led him to earning COSBE’s P. Michael Mahoney Award in 2018 in recognition of his exemplary service and volunteerism.

Waukesha State Bank’s board roster also includes: Carl Geraldson, Chief Financial Officer, Precision Gears, Inc. (retired); Jody Lowe, President, The Lowe Group; Kenneth P. Riesch, President, R & R Insurance Services, Inc.; Daniel R. Shepard, Executive Vice President, Waukesha State Bank (retired); Fred G. Stier, CEO, Stier Construction, Inc.; Ty R. Taylor, President & CEO, Waukesha State Bank; and Beverly M. Chappie, Director Emeritus, Executive Director, Christoph Memorial YWCA (retired).

Waukesha State Bank would like to thank outgoing board members Susan Edwards, President & CEO of ProHealth Care, Inc.; Dr. Cindy Gnadinger, President of Carroll University; and Dr. Anselmo Villarreal, President & CEO of Southwest Key Programs, Inc. for their service.

Established in 1944, Waukesha State Bank is one of the largest locally owned and independent community banks in Wisconsin, with full-service offices in Brookfield, Delafield, Menomonee Falls, Mukwonago, Muskego, New Berlin, Oconomowoc, Pewaukee, Sussex and Waukesha. For more information, visit, www.waukeshabank.com. Member FDIC.

Waukesha State Bank Promotes Grulke & Flood - February 1, 2022
WAUKESHA, Wis. (February 1, 2022) - Waukesha State Bank, a 14 branch independent community bank in Waukesha County, is proud to announce the promotions of commercial bankers Mitch Grulke and Dan Flood to assistant vice presidents. In their new roles, they will continue to be responsible for prospecting, developing and managing commercial loan portfolios.

“These promotions are well deserved and reflective of Mitch and Dan’s contributions to the community and Waukesha State Bank’s success,” stated Tony Laszewski, Waukesha State Bank senior vice president – commercial banking officer.

Mitch Grulke holds a bachelor’s degree in business administration from the University of Wisconsin-Whitewater and started his career with Waukesha State Bank in 2009 as a teller. He held varying positions on the retail side of the bank including teller supervisor, personal banker, and bank manager before transitioning to the commercial banking department as a commercial workout specialist in 2016. He was promoted to commercial portfolio manager in 2017 and to commercial banker in 2019. Mitch is active in the community serving as a member of the North Prairie Lions Club and on the Waukesha County Technical College’s Business Management Advisory Committee.

Dan Flood joined the Waukesha State Bank team in 2017 as a credit analyst/portfolio manager in the commercial banking department and was promoted to commercial banker in 2019. He holds a bachelor’s degree in both finance and economics from the University of Wisconsin-La Crosse and is active in the community serving on the board of directors for the University of Wisconsin-Milwaukee at Waukesha Foundation.

Established in 1944, Waukesha State Bank is one of the largest locally owned and independent community banks in Wisconsin, with full-service offices in Brookfield, Delafield, Menomonee Falls, Mukwonago, Muskego, New Berlin, Oconomowoc, Pewaukee, Sussex and Waukesha. For more information, visit, www.waukeshabank.com. Member FDIC.

Waukesha State Bank Promotes Tyler Kern to Investment Officer - December 6, 2021
WAUKESHA, Wis. (December 6, 2021) – Waukesha State Bank, a 14-branch independent community bank in Waukesha County, is pleased to announce the promotion of Tyler Kern to investment officer.

“This promotion is well deserved and will allow Tyler to utilize his investment knowledge and expertise,” stated Ann Pascavis, Waukesha State Bank’s chief financial officer. “We look forward to his continuing contributions to the growth of Waukesha State Bank.”

Tyler Kern joined Waukesha State Bank in 2018 as a commercial banking credit analyst/portfolio manager. He holds a Bachelor of Business Administration degree in finance, investment and banking, and risk management and insurance from the University of Wisconsin – Madison. In his new role as investment officer, Tyler will be responsible for managing the bank’s investment portfolio. In addition, he will monitor and manage the bank's liquidity and sensitivity to interest rate and market risk.

Established in 1944, Waukesha State Bank is one of the largest locally owned and independent community banks in Wisconsin, with full-service offices in Brookfield, Delafield, Menomonee Falls, Mukwonago, Muskego, New Berlin, Oconomowoc, Pewaukee, Sussex and Waukesha. For more information, visit, www.waukeshabank.com. Member FDIC.

Waukesha State Bank Promotes Juliet Martinez - December 2, 2021
WAUKESHA, Wis. (December 2, 2021) – Waukesha State Bank, a 14-branch independent community bank in Waukesha County, is pleased to announce the promotion of Juliet Martinez to bank manager of its Muskego office located at S69 W15273 Janesville Road.

“Juliet has consistently demonstrated a focus on mastering the skills and knowledge necessary to grow her career with the bank. Her commitment to the bank’s ideals of serving our customers and the community makes her a great fit to lead our Muskego office,” stated Devon Arnold, Waukesha State Bank senior vice president – retail banking manager.

Juliet Martinez started her career with Waukesha State Bank in 2016 as a Waukesha West High School co-op student. In January of 2017, she was promoted to customer service representative and continued in this role while simultaneously attending the University of Wisconsin – Whitewater. Juliet was promoted to assistant teller supervisor in February of 2019, and after graduating with her Bachelor of Business Administration degree in general business, she was promoted again to personal banker in January of 2021. In her new role as bank manager of the Waukesha State Bank’s Muskego office, Juliet will be responsible for all aspects of daily operations, including business development, personnel management, customer service, lending, relationship management and community service.

Established in 1944, Waukesha State Bank is one of the largest locally owned and independent community banks in Wisconsin, with full-service offices in Brookfield, Delafield, Menomonee Falls, Mukwonago, Muskego, New Berlin, Oconomowoc, Pewaukee, Sussex and Waukesha. For more information, visit, www.waukeshabank.com. Member FDIC.

Waukesha State Bank Wealth Management Hires Chief Investment Officer - November 30, 2021
WAUKESHA, Wis. (November 30, 2021) - Waukesha State Bank, a full-service community bank with 14 offices in Waukesha County, has hired D. Rodney Hathaway as Chief Investment Officer of their wealth management division.

“We are thrilled to have a seasoned investment professional such as Rodney join our team,” stated Victor J. Schultz, Waukesha State Bank Wealth Management President & Chief Fiduciary Officer. “With Rodney’s hire, we look forward to being able to expand and diversify the investment services we offer to clients in the Waukesha State Bank footprint.”

Rodney Hathaway comes to Waukesha State Bank from 1492 Capital Management, LLC where he served as Senior Portfolio Manager. He brings more than 25 years of experience in portfolio management, client communications, financial analysis, strategic consulting and business development. In his new role with Waukesha State Bank Wealth Management, Rodney will be charged with overseeing the organization’s wealth management investment portfolio. This includes constructing, implementing and monitoring portfolios as well as leading Waukesha State Bank’s investment committee, providing daily oversight and guidance to Waukesha State Bank’s portfolio managers, and collaborating with the bank’s outside advisor platform to meet the long-term financial needs of clients.

Rodney holds a Masters of Business Administration degree from The Ohio State University and a Bachelors of Business Administration degree in finance from the University of Wisconsin – Milwaukee. In addition, he has earned the prestigious Chartered Financial Analyst (CFA) designation, and he is active in the community serving on the outreach committee for BizStarts, a Milwaukee non-profit organization that coaches start-up businesses. He and his family currently reside in Brookfield.

Established in 1944, Waukesha State Bank is one of the largest locally owned and independent community banks in Wisconsin, with full-service offices in Brookfield, Delafield, Menomonee Falls, Mukwonago, Muskego, New Berlin, Oconomowoc, Pewaukee, Sussex and Waukesha. For more information, visit, www.waukeshabank.com.

Waukesha State Bank Promotes Stasia Kruesel - November 8, 2021
WAUKESHA, Wis. (November 8, 2021) – Waukesha State Bank, a 14-branch independent community bank in Waukesha County, is pleased to announce the promotion of Stasia Kruesel to bank manager of its W. Sunset Drive office in Waukesha.

“Stasia has consistently grown her knowledge and expertise during her tenure with Waukesha State Bank and has demonstrated a sincere commitment to our customers and the community,” stated Devon Arnold, Waukesha State Bank senior vice president – retail banking manager. “We are proud to recognize her professional growth and success by expanding her role within our organization.”

Stasia Kruesel started her career with Waukesha State Bank in 2013 and has supported the Oconomowoc, Silvernail Road and Pewaukee offices in roles ranging from teller to teller supervisor and personal banker. Most recently, she was the bank manager for Waukesha State Bank’s Muskego branch. In her new role as bank manager of the W. Sunset Drive office in Waukesha, Stasia will be responsible for all aspects of daily operations, including business development, personnel management, customer service, lending, relationship management and community service.

Established in 1944, Waukesha State Bank is one of the largest locally owned and independent community banks in Wisconsin, with full-service offices in Brookfield, Delafield, Menomonee Falls, Mukwonago, Muskego, New Berlin, Oconomowoc, Pewaukee, Sussex and Waukesha. For more information, visit, www.waukeshabank.com. Member FDIC.

Waukesha State Bank Earns "Outstanding" Rating From FDIC for its Community Reinvestment Act Performance Serving Low- and Moderate-Income Communities - October 26, 2021
WAUKESHA, Wis. (October 26, 2021) - Waukesha State Bank, a full-service community bank with 14 offices in Waukesha County, is proud to announce it has received an “Outstanding” rating - the highest possible - from the Federal Deposit Insurance Corporation (FDIC) for its Community Reinvestment Act (CRA) performance evaluation. The top rating comes after a broad evaluation of Waukesha State Bank’s lending, investment and service levels, specifically benefitting customers that meet income guidelines or reside in low- and moderate-income (LMI) census tracts, from October 2018 – August 2021.

“We are delighted to have received the highest CRA rating from the FDIC for the work our team does every day to serve low- and moderate-income communities throughout our assessment area of Waukesha County,” stated Ty R. Taylor, President & CEO of Waukesha State Bank. “Waukesha State Bank is committed to making a positive impact on the communities we serve by supporting business growth, affordable home ownership and local stability.”

CRA exams evaluate performance and initiatives in meeting the credit needs of service areas, including low- and moderate-income individuals, neighborhoods and businesses. The evaluation also considers community development loans and services, along with a review of the community development investments within the bank's assessment area.

The Outstanding rating is achieved by only a small number of banks. The FDIC’s evaluation cited multiple factors supporting the top rating for Waukesha State Bank, including:
  • The bank’s excellent record of serving the credit needs of LMI individuals;
  • Demonstrated responsiveness to the community development needs and opportunities of its assessment area through community development loans, qualified investments and community development services;
  • Retail delivery systems that are accessible to geographies and individuals of different income levels and businesses of different revenue sizes.
The CRA evaluation also praised Waukesha State Bank for participation in the Paycheck Protection Program (PPP) administered through the Small Business Administration (SBA). The bank made 1,652 PPP loans totaling $162.2 million in 2020 and 1,141 PPP loans totaling $68.7 million in 2021. The FDIC stated, “These loans helped businesses to meet payroll and other expenses and helped stabilize the low- and moderate-income census tracts in the assessment area and in the broader statewide or regional area. These loans demonstrate the bank’s responsiveness to a primary community development need during the current evaluation period.”

Waukesha State Bank’s investment and support to the communities in its footprint is core to its mission of serving the community.

About the Community Reinvestment Act
Congress enacted the Community Reinvestment Act in 1977 to ensure depository institutions are meeting the credit needs of local communities. Depository institutions undergo CRA exams about every three years. The ratings given by the OCC are Outstanding, Satisfactory, Needs to Improve, and Substantial Noncompliance.

About Waukesha State Bank
Established in 1944, Waukesha State Bank is one of the largest locally owned and independent community banks in Wisconsin, with full-service offices in Brookfield, Delafield, Menomonee Falls, Mukwonago, Muskego, New Berlin, Oconomowoc, Pewaukee, Sussex and Waukesha. For more information, visit, www.waukeshabank.com. Member FDIC.


Waukesha State Bank Hires Commercial Banker - September 15, 2021
WAUKESHA, Wis. (September 15, 2021) - Waukesha State Bank, a full-service community bank with 14 offices in Waukesha County, has hired John Schmitz as vice president - commercial banking officer.

“We are pleased to welcome John to our commercial banking team,” stated Tony Laszewski, Waukesha State Bank senior vice president – commercial banking manager. “To have a community banking professional of this caliber join our company is indicative of our commitment toward supporting the needs and goals of the local business market.”

John holds a Bachelors of Business Administration degree in finance from the University of Wisconsin – La Crosse and has over 30 years of financial experience specializing in commercial and industrial (C&I) lending, commercial real estate lending and business development. In his new role as vice president – commercial banking officer, John will be responsible for prospecting, developing and managing commercial loan portfolios.

John is active in the community currently serving as a commissioner on the City of Waukesha Plan Commission, as board president for the City of Waukesha Parks, Recreation and Forestry, and as an ambassador for the Waukesha County Business Alliance. He is also a member and past president of the Kiwanis Early Risers of Waukesha and serves on the membership committee of the Tool, Die & Machining Association of Wisconsin in addition to being a board member and treasurer for the Tool, Die & Machining Association of Wisconsin’s Forward Foundation. He and his family currently reside in Waukesha.

Established in 1944, Waukesha State Bank is one of the largest locally owned and independent community banks in Wisconsin, with full-service offices in Brookfield, Delafield, Menomonee Falls, Mukwonago, Muskego, New Berlin, Oconomowoc, Pewaukee, Sussex and Waukesha. For more information, visit, www.waukeshabank.com. Member FDIC.

Waukesha State Bank Hires Mortgage Consultants - September 14, 2021
WAUKESHA, Wis. (September 14, 2021) - Waukesha State Bank, a full-service community bank with 14 locations in Waukesha County, has hired Jeff Burkhart and Ed Hughes as mortgage consultants.

In their new positions, Burkhart and Hughes will be responsible for originating mortgage loans, which includes meeting with prospects, taking mortgage applications, counseling borrowers and developing relationships with Realtors, builders, financial service providers and various community groups.

“We are pleased to welcome Jeff and Ed to the Waukesha State Bank mortgage lending team,” stated Robert B. Helvey, Waukesha State Bank senior vice president – mortgage lending manager. “They both have extensive mortgage lending experience, and adding this caliber of talent to our team reflects our ongoing commitment to serving borrowers in Waukesha County.”

Jeff comes to Waukesha State Bank from North Shore Bank where he served as mortgage loan originator. He has over 35 years of residential lending experience specializing in the origination of conventional, Federal Housing Administration (FHA) and Veterans Affairs (VA) loans. Jeff earned his Bachelor of Business Administration degree in finance from the University of Wisconsin – Eau Claire. He and his family currently reside in Germantown, and he will be based out of the Waukesha State Bank Sussex office located at W249N6688 State Highway 164.

Ed also joined Waukesha State Bank from North Shore Bank where he served as mortgage loan originator. He has 30 years of professional mortgage lending experience with an extensive background in retail, wholesale and correspondent lending. Ed earned his bachelor’s degree in organization administration, finance and marketing from St. Louis University and also holds a Credit Business Associate degree from the Graduate School of Retail Bank Management. Ed and his family currently reside in Muskego, and he will be based out of the Waukesha State Bank New Berlin office located at 1400 W. National Avenue.

Established in 1944, Waukesha State Bank is one of the largest locally owned and independent community banks in Wisconsin, with full-service offices in Brookfield, Delafield, Menomonee Falls, Mukwonago, Muskego, New Berlin, Oconomowoc, Pewaukee, Sussex and Waukesha. For more information, visit, www.waukeshabank.com.
 
Waukesha State Bank Donates School Supplies to Hawthorne Elementary School - August 17, 2021
WAUKESHA, Wis. (August 17, 2021) – Waukesha State Bank’s employee volunteer group, Helping Hearts, recently donated backpacks filled with school supplies to Hawthorne Elementary School in Waukesha.

“Through the generosity of Waukesha State Bank employees, 55 fully supplied backpacks were donated to Hawthorne Elementary third grade students,” stated Joe Czech-Swanson, Helping Hearts board chair and Waukesha State Bank team supervisor/personal banker.

Because of Waukesha State Bank’s donation, on registration day each third grade student will have the opportunity to pick out a free backpack full of all the supplies they'll need for the school year.

Investing into the community has been one of the bank’s guiding principles since it was founded in 1944. Helping Hearts began thirty years ago as a way for bank employees to join in the crusade of serving the residents and non-profit organizations in Waukesha County. The group organizes a variety of volunteer projects and community service opportunities throughout the year, such as dress casual days, collection drives, volunteer events and more.

Established in 1944, Waukesha State Bank is one of the largest locally owned and independent community banks in Wisconsin, with full-service offices in Brookfield, Delafield, Menomonee Falls, Mukwonago, Muskego, New Berlin, Oconomowoc, Pewaukee, Sussex and Waukesha. For more information, visit www.waukeshabank.com. Member FDIC.
 
Payroll Complete Expands Team - August 3, 2021
WAUKESHA, Wis. (August 3, 2021) – Payroll Complete, a division of Waukesha State Bank, is proud to announce the addition of Brian Jakel as payroll services enterprise account manager.

“We are pleased to welcome Brian to Waukesha State Bank’s Payroll Complete team,” stated DeAnne Price, president of Payroll Complete. “He has an extensive background in payroll services, which positions him well to help local businesses succeed.”

Brian comes to Payroll Complete with over 30 years of payroll, human capital management and sales experience, and most recently served as district sales representative with B2E Solutions, Inc. Prior to B2E Solutions, he worked at Paychex, Inc. as district sales manager/sales representative. He holds a bachelor of arts degree from the University of Wisconsin – Eau Claire, and in his new role as Payroll Complete’s payroll services enterprise account manager, Brian will work with prospective clients to create and build business relationships. He is looking forward to building on the division’s proven success of providing high-quality payroll services to the businesses of Waukesha County.

Payroll Complete, a division of Waukesha State Bank, has been processing business’ payroll since 1971. They offer a variety of products and services, including payroll processing, payroll tax management, garnishment management, W-2s and 1099s, time and attendance, HR support, recruiting and onboarding, ACA tracking and reporting, benefit enrollment, worker’s compensation and more. For more information on Payroll Complete, visit www.payrollcompletewaukesha.com.

Established in 1944, Waukesha State Bank is one of the largest locally owned and independent community banks in Wisconsin, with full-service offices in Brookfield, Delafield, Menomonee Falls, Mukwonago, Muskego, New Berlin, Oconomowoc, Pewaukee, Sussex and Waukesha. For more information, visit, www.waukeshabank.com. Member FDIC.
 
Waukesha State Bank Hires Mortgage Sales Manager - July 30, 2021
WAUKESHA, Wis. (July 30, 2021) - Waukesha State Bank, a full-service community bank with 14 locations in Waukesha County, has hired Leo Spanuello as mortgage sales manager.

“We are pleased to welcome Leo to the Waukesha State Bank mortgage lending team,” stated Robert B. Helvey, Waukesha State Bank senior vice president – mortgage lending manager. “His extensive mortgage lending experience, combined with his passion for customer service and his team leadership skills, position him well to continue our ongoing commitment of supporting the needs and goals of homeowners in Waukesha County.”

Leo comes to Waukesha State Bank from North Shore Bank where he served as regional sales manager. He has over 25 years of residential lending experience, which includes managing and coaching mortgage loan officers, executing sales strategies, and originating loans. In his new role as mortgage sales manager, Leo will be responsible for promoting an effective mortgage sales environment, through regular sales training and coaching, to achieve bank production goals.

Leo is active in the local community currently serving on the board of directors for the Wisconsin Mortgage Bankers Association where he served as state president for the 2019-20 term. He also volunteers with the Crohn’s Colitis Foundation and with Broads for a Cause. He and his family currently reside in Brookfield.

Established in 1944, Waukesha State Bank is one of the largest locally owned and independent community banks in Wisconsin, with full-service offices in Brookfield, Delafield, Menomonee Falls, Mukwonago, Muskego, New Berlin, Oconomowoc, Pewaukee, Sussex and Waukesha. For more information, visit, www.waukeshabank.com.
 
Waukesha State Bank Hires Commercial Banker - July 29, 2021
WAUKESHA, Wis. (July 29, 2021) - Waukesha State Bank, a full-service community bank with 14 offices in Waukesha County, has hired Avelina Poppert as vice president - commercial banking officer.

“We are pleased to welcome Avelina to our commercial banking team,” stated Tony Laszewski, Waukesha State Bank senior vice president – commercial banking manager. “Her extensive background in multiple aspects of commercial banking and loan processes, especially SBA 7(a) and the USDA business and industry programs, positions her well for helping local businesses succeed.”

Poppert has nearly 15 years of financial experience specializing in commercial banking, business development and treasury management. Prior to joining Waukesha State Bank, Avelina worked for a local financial institution as an assistant vice president – business development associate. In her new role as vice president – commercial banking officer, Avelina will be responsible for prospecting, developing and managing commercial loan portfolios.

Avelina is active in the community currently serving on the community involvement committee with Tempo – Emerging Women Leaders and as a volunteer with Teens Grow Greens and Junior Achievement. She and her family currently reside in New Berlin.

Established in 1944, Waukesha State Bank is one of the largest locally owned and independent community banks in Wisconsin, with full-service offices in Brookfield, Delafield, Menomonee Falls, Mukwonago, Muskego, New Berlin, Oconomowoc, Pewaukee, Sussex and Waukesha. For more information, visit, www.waukeshabank.com. Member FDIC.
 
Waukesha State Bank Promotes Benton - July 22, 2021
WAUKESHA, Wis. (July 22, 2021) - Waukesha State Bank, a full-service community bank with 14 locations in Waukesha County, is proud to announce the promotion of Gerry Benton to bank manager of its Meadowbrook Road office in Waukesha.

“This promotion is well deserved and reflective of Gerry’s knowledge and expertise,” stated Devon Arnold, Waukesha State Bank senior vice president – retail banking manager. “Her dedication to customer service and desire to connect with the community make her a natural fit for a bank manager role.”

Gerry started her career with Waukesha State Bank in 2017 and has supported our E. Racine Avenue, E. Main Street and Downtown Waukesha locations as a Personal Banker. She has nearly 15 years of financial experience and is a 2020 graduate of the Waukesha County Business Alliance’s Leadership Waukesha County program. In her new role as bank manager of the Meadowbrook Road office, Gerry will be responsible for all aspects of daily office operations, including business development, personnel management, customer service, lending, relationship management and community service.

Gerry is active in the local community volunteering with Poplar Creek Church in New Berlin as a teen leader/mentor. She and her family currently reside in Waukesha.

Established in 1944, Waukesha State Bank is one of the largest locally owned and independent community banks in Wisconsin, with full-service offices in Brookfield, Delafield, Menomonee Falls, Mukwonago, Muskego, New Berlin, Oconomowoc, Pewaukee, Sussex, and Waukesha. For more information, visit www.waukeshabank.com. Member FDIC.
 
Waukesha State Bank Expands Private Banking with the Hire of Jeremy Behling - July 19, 2021
WAUKESHA, Wis. (July 19, 2021) - Waukesha State Bank, a full-service community bank with 14 locations in Waukesha County, is pleased to announce the expansion of its private banking services with the hire of Jeremy Behling as private banking associate.

“Our private banking services launched in 2019, which gave us the opportunity to introduce more affluent members of the community to the excellent array of financial services and expertise that Waukesha State Bank offers,” stated Victor J. Schultz, President of Waukesha State Bank Wealth Management. “We are pleased to welcome Jeremy to our wealth management team to expand these services. He has an extensive background in retail banking and sales, which positions him well to offer high-touch, insightful customer service.”

Jeremy joined Waukesha State Bank in 2019 as a personal banker. After briefly leaving in early 2021, he returned in June as a private banking associate. In his new role, he will be responsible for supporting the growth of private banking relationships as part of the wealth management division of Waukesha State Bank.

Jeremy is an experienced management and sales professional with over 15 years of financial experience. He holds two bachelor’s degrees in economics and history from the University of Iowa – Iowa City. He and his family currently reside in Burlington, and he will be based out of Waukesha State Bank’s Oconomowoc office located at 1227 Corporate Center Drive.

Established in 1944, Waukesha State Bank is one of the largest locally owned and independent community banks in Wisconsin, with full-service offices in Brookfield, Delafield, Menomonee Falls, Mukwonago, Muskego, New Berlin, Oconomowoc, Pewaukee, Sussex, and Waukesha. For more information, visit www.waukeshabank.com.