January/February 2014
Wisconsin Community Banker
37
CHANGING SCENE
munity State Bank has a proven track
record as a dedicated business leader for
many years. [Bank staff] dedicate their
time, effort, knowledge and financial
resources to help the entire community.”
“We’re very honored to win this
award,” said Community State Bank
President Scott Hudepohl. “The Cham-
ber’s goals and ours are in some ways
very similar. We’re both passionate and
dedicated to engaging with and build-
ing the communities we serve.”
Community State Bank also
received a 2013 Wisconsin Financial
Literacy Award from the Governor’s
Council on Financial Literacy, one of
13 organizations recognized for pro-
moting financial capability in Wiscon-
sin. The recipients were honored by
Governor Scott Walker at the Capitol
on Feb. 26.
Bank Remodels Whitelaw
Branch
DENMARK—Denmark State Bank
launched an interior remodeling proj-
ect at its Whitelaw branch in Decem-
ber. The project will include new light-
ing, ceilings, flooring, casework, and
wall treatments.
A.C.E. Building Service of Mani-
towoc is the general contractor. The
bank and the drive-through are open
during the remodel. The project is
expected to wrap up in March.
Washington Policy
Summit
The 2014 ICBA Policy Summit is
set for April 29–May 2, Washington,
DC. To learn more, visit:
.
org/wps14
Fox Valley Money
Conference
OSHKOSH—First National Bank-Fox
Valley, Asset Builders, the Wisconsin
Department of Financial Institu-
tions, and other sponsors will kick
off National Money Smart Week with
the second annual Oshkosh Money
Conference on Apr. 5, 2014.
Richard Entenmann, Asset Build-
ers, said, “Things that people learn
here can have substantial ‘pocket-
book’ results in the short term, and
can set people up to reach higher net
worth and income levels in the future.”
Workshops will cover such topics
as “How to Buy a Used Car Without
Getting Taken for a Ride” and “How to
Feed Your Family Good Food Without
Going Broke.” FNB staff will teach two
of the 18 workshops, and other FNB
volunteers will help with one-on-one
credit report reviews.
Ridgestone Caps Record
Year
BROOKFIELD—Ridgestone Finan-
cial Services finished 2013 with record
earnings.ƒThe bank announced a
net income of $7.1 million for 2013
compared with income of $2.0 million
for 2012. Fourth quarter earnings
were $1.4 million in 2013 compared to
earnings of $1.2 million for the fourth
quarter in 2012. Earnings per share
were $2.12 for 2013.
“I am very proud of the efforts
of our team this year,” said Bruce
Lammers, president and CEO. “The
experience and dedication of our
specialized staff allows us to continue
focusing on government guaranteed
loans for new and existing customers.
This has resulted in the origination
of $281.1 million in new government
guaranteed loans in 2013 compared
with $202.6 million in 2012.”
Ridgestone Bank is a leader in SBA
lending, and has earned the following
rankings as of December 31st 2013,
for SBA lending in dollar volume:
#1 in Illinois
#2 in Wisconsin
#2 in Indiana
#4 in the nation
Ridgestone Bank is a privately-held
bank with locations in Brookfield and
Schaumburg, Ill., as well as lend-
ing teams in Indianapolis and Green
Bay.
Wisconsin community bankers at ICBA's
2013 Washington Policy Summit
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