Banking & Finance

Raise the lending cap for credit unions

Editor’s note: Brett Thompson, president and chief executive officer of the Wisconsin Credit Union League in Pewaukee, wrote the following Milwaukee Biz Blog in response to this news story.

Time to buy or sell?

As the economy recovers, now is the time for company owners to plan for their next move, as the...

Work with your bank to prevent corporate identity theft

Many people are aware of the vicious fraud, theft and embezzlement techniques out there, as well as many tips and tools to prevent them. But how many are aware of corporate identity theft? This form of high tech bank robbery is becoming increasingly common.

Waukesha State Bank names Grulke manager in Brookfield

Waukesha State Bank has named Mitch Grulke the bank manager of its Brookfield office, located on Capitol Drive just west of Brookfield Road.

Bank profits rise

Bank profits rose in the first quarter, reaching their highest quarterly income levels since the second quarter of 2007, according to the Federal Deposit Insurance Corp. (FDIC) quarterly banking report released today.

Lake Geneva to install smart parking meters

Drivers who park their vehicles in Lake Geneva will soon be able to use their smart phones to extend the time on their parking meters.
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BMO Financial Group posts strong quarter

BMO Financial Group reported second quarter net income of $1.03 billion (Canadian), up 27 percent or $215 million from the same quarter a year ago.

CIB Marine to deregister common stock

Waukesha-based CIB Marine Bancshares Inc., the holding company for Milwaukee’s Marine Bank, has filed with the Securities and Exchange Commission to voluntarily deregister its common shares.

U.S. Bank launches tablet banking app

Brookfield-based Fiserv Inc., a leading global provider of financial services technology solutions, today announced that U.S. Bank's online banking customers now have access to an iPad banking application (app) built on the Mobiliti Enterprise mobile banking and payments platform from Fiserv.

Generac adjusts recapitalization plan

Waukesha-based Generac Holdings Inc., a designer and manufacturer of generators and other engine-powered products, announced today it is adjusting its previously disclosed recapitalization plan in light of recent financing market conditions.

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