Wisconsin Banking News

Johnson Bank exceeds $1 billion in mortgage closings in 2009

Racine-based Johnson Bank said Monday that it has already surpassed the $1 billion mark in mortgage loans closed in 2009.

“At a time when the industry is being greatly challenged, our team is proud to share this news,” said Bill Winkler, senior vice president of mortgage banking for Johnson Bank. “Our success is based on the relationships and trust we build with our clients. We continue to treat them like family.”

Johnson Bank originates mortgage loans in nearly 60 locations throughout Wisconsin and Arizona and services more than 21,400 loans.

The bank services all of the mortgage loans it originates.

“Although there is a continuing trend to outsource mortgage origination and loan servicing to other banks, our clients know that origination and loan servicing decisions are made locally by the people they know,” said Winkler. “This has been our approach throughout recent refinance booms and the current housing slowdown, and will continue to be as construction and purchase activity increases in the coming months and years ahead.”


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