Commerce State Bank to expand to Cedarburg
West Bend-based Commerce State Bank announced it will open Commerce State Bank of Cedarburg this spring at the corner of Washington Avenue and Lincoln Boulevard, as the anchor tenant in the Bloch Plaza Building.
Cedarburg resident Joe Fazio, who is chairman and chief executive officer of Commerce State Bank, said, "With the significant changes in ownership of Ozaukee County’s community banks, we see the need for a locally owned bank in Cedarburg. Nearly all our shareholders live in southeast Wisconsin; many from Cedarburg and Ozaukee County."
Joining Fazio at Commerce State Bank of Cedarburg will be Marci Hauck, client services representative/business coordinator, and Mary Hazell, operations manager.
Commerce State Bank opened in fall of 2005 and has grown to $275 million in assets.