Lake Ridge Bank’s Jordan Casto Receives National Award

June 6, 2023 (MADISON, Wis.) – Jordan Casto, a Lake Ridge Bank Vice President-Business Banking, was recently recognized by Independent Community Bankers of America (ICBA) as one of their 40 Under 40: Emerging Community Bank Leaders of 2023.

ICBA’s 40 Under 40 award recognizes community-minded, innovative leaders under 40 years old from across the country who represent the future of the community banking industry. Candidates are judged on character, leadership, community involvement, and innovation.

Casto’s very first job at 15 years old was dressing up as the mascot for the bank where his older brother worked at the time. That experience of representing the bank at parades and other events made him realize that community banks truly care about community engagement and making life better for families. It was the beginning of his belief in what banking can really mean as a career that supports neighbors and neighborhoods.

Two recent initiatives helped Casto stand out among his peers nationally this year:

He researched and created protocols for handling projects that involve tax credits, enabling Lake Ridge Bank to help finance projects that serve a broader population within the community.
He created a “Get Started” guide to help prospective business owners better understand the complexities of running a business. The document outlines some of the basics for getting started more easily, including things like a typical timeline for certain aspects of business setup, how to register a new business with the State of Wisconsin, resources for bookkeeping and HR services, options for financing, and a handful of other ways to help them bridge that gap of knowledge more quickly and easily.

Casto is an active member of Wisconsin Bankers Association and the Middleton Chamber of Commerce, where he helps plan the annual Sip, Sample & Socialize event. For the past six years, Casto has also served on the Emerging Leadership Board (ELB) at the UW Carbone Cancer Center. As a cancer survivor himself, he knows firsthand how important and impactful the work of the UW Carbone Cancer Center can be. Casto also enjoys volunteering as a coach with the Middleton Youth Hockey Association.

To learn more about all of the honorees, read the article in ICBA’s “Independent Banker” magazine. For more information about how Lake Ridge Bank can help you establish, expand, or elevate your business, contact a member of the Business Banking Team.

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For additional information, please contact Mark Schellpfeffer at mschellpfeffer@lakeridge.bank.