Wisconsin 275
Wisconsin 275
BizTimes Media

Tom Richtman

Banking and Finance
Wisconsin market president
U.S. Bank  |  Milwaukee

Tom Richtman has led U.S. Bank’s Wisconsin market as president since 2017 and is nearing 40 years with the company. Owned by Minneapolis-based U.S. Bancorp, the bank has enjoyed the largest market share among all banks in the Milwaukee region for over a decade. It holds about 37% of local deposits, according to the most recent FDIC report. Richtman leads company-wide efforts in Wisconsin and directs commercial banking activity in the greater Milwaukee area. Statewide, U.S. Bank has more than 5,000 employees. Richtman also serves on the board of Goodwill Industries of Southeastern Wisconsin and Metropolitan Chicago.

Education: Bachelor’s, University of Wisconson-Madison; MBA, UW-Whitewater.

Favorite destinations: “New York City to visit our children, and Canadian fishing lodges.”

Biggest risk you’ve ever taken: “I left my job as a hospital pharmacist in 1981. I found the job enjoyable, but not fulfilling enough to do it for a long time. There was little room for advancement. I went to business school for two years and joined the business community. I knew very little about banking but joined First Wisconsin National Bank of Milwaukee in 1983, which later became U.S. Bank.”

What has you most excited for the future: “Seeing what lies ahead for my children and the commitment to community I see all around us.”

What is your favorite Wisconsin restaurant and what do you order there: “Golden Mast Inn, old-fashioned and the walleye.”

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