Menomonee Falls-based Securant Bank & Trust grew its assets under management by 21.4 percent during 2008, and grew its staff by 20 percent, the bank announced. During a time when many banks are experiencing significant operational losses, Securant grew its commercial lending portfolio by 31 percent last year.
“We have a strong capital position, money to loan and our commitment is helping clients thrive by providing financial solutions,” said David Davis, president and CEO of the bank. “We pride ourselves on rolling up our sleeves to understand what our customers are all about and to look beyond the numbers.”
The bank has more than $200 million in assets, and four branches in metro Milwaukee. It will open its fifth branch in February in Elm Grove.
Securant expects its growth to continue this year, partly because of its new branch and also because of new product offerings. The bank launched its new wealth management group in December, 2008, led by senior vice president Steve Corbisier.
“With the addition of these services we can begin to fully service our clients’ needs from the operations of their business to completing their financial to-do lists,” Davis said. “Previously we were referring our clients elsewhere and this just didn’t make sense if we are already their financial partner.”
For more, visit www.securantbank.com.
