Wauwatosa-based The Equitable Bank announced that it has promoted John Udvare to chief financial officer.
Udvare, who joined The Equitable Bank in November as associate vice president-controller/treasurer, has 36 years of banking experience.
He previously served as president and CFO of Waukesha-based Sunset Bank & Savings, which was acquired last year by Wausau-based Peoples State Bank.
Before that he was an accounting controller for Potawatomi Hotel & Casino and an assistant financial controller for North Shore Bank.
Udvare received a bachelor’s degree from Cardinal Stritch University in 1994 and a masters degree from Boston University in 2008.
The Equitable Bank also named Allen J. Prochnow, executive vice president and chief operating officer at Concordia University Wisconsin, to its board of directors.