Banking & Finance

Waukesha State Bank’s board of directors has promoted three of the bank’s team members.

Milwaukee futurist Bob Chernow is predicting that the U.S. banking industry is on course for the “next collapse.”

An affiliate of Phoenix Investors LLC, an investment firm specializing in repositioning large former single-tenant industrial facilities, has acquired two Milwaukee group homes formerly owned by affiliates of New Horizon Center Inc.

Bankers have little sense of history. For most, their view of the future is myopic.

Westbury Bancorp, Inc., based in West Bend, has named Greg Remus president of the company and its subsidiary, Westbury Bank.

Commerce State Bank officially recently opened a new branch in Cedarburg.

Brian Bozek has been named vice president and central region district manager at Brookfield-based North Shore Bank.

Eric Rosengren, president and chief executive officer of the Federal Reserve Bank of Boston and Gov. Scott Walker will give the keynote addresses at the Wisconsin Bankers Association’s 2015 Wisconsin Economic Forecast Luncheon.

Anchor BanCorp Wisconsin Inc. has been included on a preliminary list of quarterly initial public offering additions to four Russell indexes.

Milwaukee-based private equity fund Generation Growth Capital, Inc., has sold Quality Assembly & Logistics, LLC to the company’s president and chief executive officer, Guy Meyerhofer.