Newsroom

Waukesha State Bank Company News & Updates


Latest Press Releases

Waukesha State Bank Rebrands Trust & Wealth Management Services - January 2, 2019

Prairie Financial Group® Hires Durham - October 17, 2018

Prairie Financial Group® Hires Woyak - January 15, 2018

Prairie Financial Group® Named a 2017 Top 10 Business of the Year - April 27, 2017


Waukesha State Bank Rebrands Trust & Wealth Management Services - January 2, 2019

Prairie Financial Group Repositions Brands to Prairie Trust and Waukesha State Bank Wealth Management

WAUKESHA, Wis. (January 2, 2019) - Waukesha State Bank, a full-service community bank with 13 locations in Waukesha County, is dividing their Prairie Financial Group division into two separate brands — Prairie Trust and Waukesha State Bank Wealth Management.
 
Initially launched in 2013 as an advisor-friendly trust division, Prairie Financial Group was branded with the intent to expand its national footprint as a delegated personal trust administrator. However, with the recent growth of its other wealth management services, there’s become a need for added emphasis on the local connection to Waukesha State Bank.
 
"Our wealth management services, while well-established, are not well-known as a part of the bank’s offerings, making relationships more difficult to build at a local level. This has led us to the natural decision to rebrand to Prairie Trust and Waukesha State Bank Wealth Management," said Victor Schultz, President & Chief Fiduciary Officer.
Prairie Trust will focus strictly on personal trust administration and estate settlement services. Replacing "Financial Group" with "Trust" is intended to highlight the trust and fiduciary administration services provided, which is unique from many other financial service firms.
 
Waukesha State Bank Wealth Management will become the brand for investment management, financial planning and qualified retirement plan services. These services are primarily provided to local clients who have additional commercial and retail relationships with Waukesha State Bank, bringing the banking and investment needs together under one brand. This change will also support the launch of private banking services later in the year.
 
"Waukesha State Bank is a well-known brand in southeast Wisconsin and we believe it is important to align the wealth management services and banking under that name, while continuing to expand Prairie Trust at a national level. Moving forward, clients will enjoy the same exceptional service from our team, now delivered under two brands," said Schultz.
###
 
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, Mukwonago, Muskego, New Berlin, Oconomowoc, Pewaukee, Sussex, and Waukesha. For more information, visit www.waukeshabank.com.
 
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 expertise. 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.

 

Prairie Financial Group® Hires Durham - October 17, 2018

WAUKESHA, Wis. (October 17, 2018) – Prairie Financial Group®, a division of Waukesha State Bank, has hired Jean Durham as senior personal trust associate.
 
“I am very excited to announce the addition of Jean to the Prairie team,” stated Victor J. Schultz, president and chief fiduciary officer of Prairie Financial Group. “Her extensive legal experience makes her a perfect fit for this position.”
 
Jean Durham comes to Prairie Financial Group from Bank Mutual, where she worked for seven years as staff attorney and paralegal. She has broad legal skills and is an expert in analysis and negotiation of contracts, bank account titling and real estate transactions. In her new role with Prairie, Jean will be responsible for supporting Prairie’s senior trust administrators, with an emphasis on estate settlement administration, real estate management and contract review.
 
Jean holds a Juris Doctor from Northwestern University School of Law and a Bachelor of Arts in psychology from Northwestern University. She is active in the community volunteering with Feeding America Eastern Wisconsin and Boy Scout Troop 530. She and her family currently reside in Greenfield.
 
Prairie Financial Group, a division of Waukesha State Bank, is the premier fiduciary-focused administrative trust company in Wisconsin specializing in personal trust services, retirement plan services, investment management and not-for-profit services. Prairie Financial Group also includes an Advisor Friendly Alliance that works with financial advisors in providing customers seamless trust and qualified plan services that integrate with, and enhance, their product offerings. For more information on Prairie Financial Group, visit www.prairiewealth.com.
 
Founded 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 and Waukesha. For more information, visit, www.waukeshabank.com.

 

Prairie Financial Group® Hires Woyak - January 15, 2018

WAUKESHA, Wis. (January 15, 2018) – Prairie Financial Group®, a division of Waukesha State Bank, has hired Matthew Woyak as senior personal trust associate.

“The addition of Matthew to the Prairie team reflects our ongoing commitment to provide an outstanding level of service to our clients,” stated Victor J. Schultz, president of Prairie Financial Group. “His extensive experience in trust services makes him a perfect fit for this position.”

Matthew Woyak comes to Prairie Financial Group from BMO Harris Bank N.A. where he was a senior analyst. He brings more than 17 years of trust and investment experience with a specialization in business valuation and financial analysis. In his new role with Prairie, Matthew will be responsible for supporting Prairie’s senior trust administrators with the ongoing management of personal trust and estate settlement clients with an emphasis on real estate and closely held business management.

Matthew obtained his master's in business administration from Columbia College in Columbia, Missouri and is active in the community serving as treasurer and finance committee chair for the Eisenhower Center, Inc.’s board of directors. He and his family currently reside in Greenfield.

Prairie Financial Group, a division of Waukesha State Bank, is the premier fiduciary-focused administrative trust company in Wisconsin specializing in personal trust services, retirement plan services, investment management and not-for-profit services. Prairie Financial Group also includes an Advisor Friendly Alliance that works with financial advisors in providing customers seamless trust and qualified plan services that integrate with, and enhance, their product offerings. For more information on Prairie Financial Group, visit www.PrairieWealth.com.

Founded 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 and Waukesha. For more information, visit, www.waukeshabank.com.

-back to top-


Prairie Financial Group® Named a 2017 Top 10 Business of the Year - April 27, 2017

WAUKESHA, Wis. (April 27, 2017) – Prairie Financial Group® (PFG), a division of Waukesha State Bank, was named a 2017 Top 10 Business of the Year by the Waukesha County Business Alliance and media partner BizTimes Media, LLC.

The annual awards program recognizes companies headquartered in southeastern Wisconsin that have consistent financial growth, and demonstrate a commitment to good business practice through their employee relations, customer-focused commitment and community service involvement.

The winners will receive their awards at the awards luncheon on Friday, June 9, 2017 from 11:30 AM – 1:30 PM at the Country Springs Hotel, Pewaukee. The luncheon will feature a panel of representatives from each of the winning organizations, and the announcement of the #1 Business of the Year will take place.

Prairie Financial Group is the premier administration-focused trust company in Wisconsin, providing personal trust, retirement plan, investment management and not-for-profit services. Prairie Financial Group also includes an Advisor Friendly Alliance that works with financial advisors in providing customers seamless trust and qualified plan services that integrate with, and enhance, their product offerings. 

“Prairie Financial Group is proud to be part of the 2017 Waukesha County Business Alliance’s class of Top 10 Businesses,” stated Victor Schultz, president and chief fiduciary officer of Prairie Financial Group. “Throughout our successful history, we have shown a commitment to our customers, communities and employees, and it is an honor to be selected for this award.”

Top 10 Businesses of the Year
Best Version Media, LLC
Fairchild Equipment
Gross Automation, LLC
Lakeland Supply, Inc.
L.H. Krueger and Son, Inc.
Metal-Era, Inc.
OwnersEdge, Inc.
Prairie Financial Group
Ruekert & Mielke, Inc.
Winter, Kloman, Moter & Repp, S.C.

“These businesses are outstanding examples of the strong, innovative and thriving companies we have in southeastern Wisconsin,” said Suzanne Kelley, president of the Waukesha County Business Alliance. “Each business is a testament to what it means to be a leading company – through commitment to their employees, customers and communities, consistent financial performance and innovation within their industries.”

Tickets to attend the luncheon are available at waukesha.org.

-back to top-