Banking & Finance
Stay informed on the latest banking, finance, and investment news across Milwaukee and Wisconsin.
Which banks gained market share as Wisconsin deposits climbed $21.5 billion?
The bank with the most deposits across all of Wisconsin only increased its lead as total deposits in the state crossed $200 billion for the first time, according to the latest FDIC Summary of Deposits for 2021.
Marquette’s Global Brigades nonprofit spins off microfinance firm with $1.2 million raise
Marquette University-based humanitarian organization Global Brigades is spinning off a for-profit microfinance firm with the backing of four founding investors.
Wisconsin Stamping & Manufacturing president Paul Stangl named to First Business Bank advisory board
Madison-based First Business Bank announced it has added Paul Stangl, president of Germantown-based Wisconsin Stamping & Manufacturing, to its advisory board for its southeastern Wisconsin market.
PNC Bank increasing its minimum wage to $18 per hour
Pittsburgh-based PNC Bank says it will increase its minimum pay rate from $15 to 18 per hour as of Nov. 22.
Steven Klitzing named CFO of PyraMax Bank
The holding company for Greenfield-based PyraMax Bank has appointed Steven Klitzing to serve as senior vice president, chief financial officer and treasurer, according to an SEC filing.
Wauwatosa startup raises $600,000 to manufacture, launch wearable medical device
Wauwatosa-based medical device manufacturer RoddyMedical Inc. raised $600,000 to finance the production and launch of the startup’s first wearable medical device.
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Summit Credit Union
The stronger people are financially, the stronger we are as a community. That’s the driving principle behind every credit...
Rexnord, Regal Beloit receive key IRS ruling for merger
The planned merger of a significant portion of Milwaukee-based Rexnord into Regal Beloit received a significant boost recently as the companies received a private IRS ruling on how to handle overlapping shareholders in the deal.
F Street secures $25 million in financing to help it expand lending services business
F Street Group says its investment services arm will expand its reach thanks to $25 million in new financing...
Wisconsin Bank & Trust to open office in downtown Milwaukee
Madison-based Wisconsin Bank & Trust will open an office in downtown Milwaukee.
