36
Wisconsin Community Banker
January/February 2014
CHANGING SCENE
financial advisor and Godfrey &
Kahn served as legal counsel for
The Baraboo National Bank on the
transactions.
Logo Sails Away
MADISON—Anchor Bank recently
launched a new look and feel, begin-
ning with the company’s logo. It’s jet-
tisoning its long-term sailing ship and
anchor logo and replacing it with an
abstract, two-toned blue box designed
by the bank’s graphic designer, Andrea
Wendorf, to evoke a nautical flag.
The new logo represents a step
toward an eventual rebranding of the
Madison-based bank. “This is just
the beginning of something new and
exciting for AnchorBank,” said Chris
Bauer, President and CEO. “The tim-
ing was ideal, as we celebrate 95 years
of service to the state of Wisconsin. It
was time for a fresh, new look.”
Two Banks Exit Consent
Orders
Regulators have removed the con-
sent orders from two Wisconsin com-
munity banks. Mid America Bank of
Janesville has met the demands the
FDIC set in February 2013 including
strengthening operations, improv-
ing asset quality, and adding key
personnel.
Regulators also lifted consent orders
from Southport Bank in Kenosha. The
FDIC had placed orders on the bank in
2009 and 2011. The bank returned to
profitability in 2012 after a significant
downturn due to a series of bad loans.
WaterStone Opens New
Branch
WAUWATOSA—WaterStone Bank
opened a new branch at 17495 W. Cap-
itol Drive, Brookfield, in late January.
A week-long grand opening offered
various customer specials and a chance
to win a ski and snowboard getaway,
as well as gift cards to popular restau-
rants and businesses. The branch is the
bank’s ninth in the Milwaukee area.
Laura Merchle, community presi-
dent, will manage the branch. She’s
had eight years of retail experience
with WaterStone, most recently as lead
relationship banker.
Pioneer Bank to Open
New Branch
AUBURNDALE—Pioneer Bank is
constructing a new branch building on
Marshfield’s north side. The new facil-
ity will replace the existing building
located at 1700 N. Central Ave., which
was built in 1992.
At 17,000 square feet, the new
building is four times the size of the
original. Several bank departments
including the marketing and human
resources departments and some
executive offices currently housed in
Auburndale will move to the new site.
The Auburndale branch will transi-
tion to a loan-processing center and
continue to provide personal banking
services. About one third of the space
in the new building will be available
for lease.
North Shore Installs
Video Teller
BROOKFIELD—North Shore Bank
has made history with the installation
of a video teller in its branch at a Fes-
tival Foods store in Kenosha. Custom-
ers can use the video ATM, located at
the store at 3207 80th St., to conduct
transactions with a live, remote teller
based in the bank’s Brookfield office.
The remote teller will be available from
8 a.m. to 7 p.m. Monday through Fri-
day, from 8 a.m. to 5 p.m. on Saturday,
and from 10 a.m. to 4 p.m. on Sunday,
expanding the branch’s original hours
by 30 percent.
The APTRA Interactive Teller is
distributed by NCR Corp. of Duluth,
Ga. The bank plans to install addi-
tional video ATMs throughout its
system after receiving feedback from
Kenosha customers. North Shore is the
first bank in Wisconsin to utilize the
technology.
First Business on
Nasdaq’s Top Tier
MADISON—First Business Financial
Services, the parent company of First
Business bank, is now listed on the
Nasdaq Global Select Market. Global
Select represents the highest of the
exchange’s three tiers of markets and
includes just 1,200 companies.
Bank Receives Two
Awards
UNION GROVE—Community State
Bank has received the 2013 Chamber
Choice award from the Greater Union
Grove Area Chamber of Commerce.
The award is presented each year to
an area member business that demon-
strates leadership, is dedicated to their
employees and customer service, and
exemplifies community commitment.
“Chamber Choice award winners
lead by example,” said Greater Union
Grove Area Chamber of Commerce
Director Jennifer Ditscheit. “Com-
