Category: Member News
Learn who’s growing, changing, moving and more! Stay on top of what’s new with your neighboring businesses. We share news releases and announcements from your peers in the Madison area. Want to toot your own horn? Use our Submit Member News form to share your own stories.
Photo by Richard Hurd
Dreams within reach: Dupaco provides permanent rate reduction with Mortgage Rate Relief Program
Dubuque, IA – Dupaco Credit Union is offering a unique mortgage lending program that provides eligible members a permanent interest rate reduction of 1 percentage point below Dupaco’s current market rate. This special rate is available for eligible homebuyers, regardless of their location, and can only be applied to a new purchase.
Dupaco is partnering with the Federal Home Loan Bank of Des Moines (FHLB Des Moines) on the program that, in total, is providing $22 million in grant funds to those seeking affordable homeownership.
The Mortgage Rate Relief program launched in early March and Dupaco’s Krystal Frederick, AVP, Mortgage Lending mentioned the financial cooperative has already seen significant demand.
“As we approach prime homebuying season, we’ve already locked members in to receive this special rate,” said Frederick. “This permanent interest rate reduction is a fantastic opportunity for those eligible for the program; it could save them thousands of dollars in interest over the life of the loan, boosting their financial well-being.”
The Mortgage Rate Relief program offers homebuyers a special rate of 5.210% APR*.
FHLB Des Moines says this product is designed to make homeownership attainable for borrowers at or below 80% of the Federal Housing Finance Agency’s (FHFA) Underserved Areas Data.
“The Mortgage Rate Relief product is aligned with our mission and specifically designed to support our members with the goal of improving housing affordability within their local communities,” says Dan Mahlum, FHLB Des Moines mortgage programs director.
Those interested in learning more the Mortgage Rate Relief program and the program’s eligibility guidelines should contact Dupaco at 800-373-7600 ext. 204.
*Additional eligibility guidelines apply. Rate effective 3/31/2025. All loans subject to approval. Rates, terms, and conditions are subject to change. Equal Housing Opportunity.
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ABOUT DUPACO COMMUNITY CREDIT UNION
Dupaco Community Credit Union is a not-for-profit, member-owned financial cooperative headquartered in Dubuque, Iowa. It is dedicated to the financial well-being of its members, and specializes in personalized financial counseling, money advice and education. It offers savings, loans, investments, insurance and wealth management products for individuals and businesses. Dupaco serves residents in 118 counties throughout Iowa, northwest Illinois and southwest Wisconsin. Founded in 1948 by ten Dubuque Packing Company employees, membership has grown to more than 171,000 with assets exceeding $3.4 billion. It has over 600 employees and 23 branch office locations. It is a Forbes Best-in-State Credit Union, Forbes America’s Best Small Employer, and a Des Moines Register Top Workplace. Learn more at www.dupaco.com.
ABOUT FEDERAL HOME LOAN BANK OF DES MOINES
The Federal Home Loan Bank of Des Moines is deeply committed to strengthening communities, serving 13 states and three U.S Pacific territories as a member-owned cooperative. We work together with over 1,200 member institutions to support affordable housing, economic development and community improvement. FHLB Des Moines is one of 11 regional Banks that make up the Federal Home Loan Bank System. Members include community and commercial banks, credit unions, insurance companies, thrifts and community development financial institutions. FHLB Des Moines is wholly owned by its members and receives no taxpayer funding. For additional information about FHLB Des Moines, please visit www.fhlbdm.com.
Photo by Richard Hurd
Newport Network Solutions Expands into Madison, WI to Enhance Service Capabilities
Madison, WI – March 27, 2025 – Newport Network Solutions, a leader in network infrastructure, security, and audio-visual solutions, is excited to announce its strategic expansion into the Madison, WI market. This move strengthens Newport’s ability to provide cutting-edge network cabling, security systems, and fire alarm installations to businesses, government entities, and developers across the region.
“Expanding into Madison allows us to meet growing demand for advanced network and security solutions,” said Jason Berthelsen, Owner of Newport Network Solutions. “Our goal is to provide unparalleled service and support to businesses seeking reliable infrastructure and innovative security measures.”
With a strong presence across Wisconsin, Newport specializes in structured cabling, video surveillance, fire alarm systems, access control, and audio-visual solutions. The new Madison office will support IT firms, general contractors, real estate developers, property managers, and businesses with tailored solutions that align with evolving technological needs.
Newport’s commitment to excellence was recently demonstrated through the successful completion of a 40,000 sq. ft. facility project, delivered on schedule and under budget. As a Panduit ONE Gold Partner, Newport continues to set industry standards through precision, efficiency, and innovation.
Beyond service expansion, Newport Network Solutions will leverage its strong relationships already established in the Madison area, ensuring clients have access to the latest technology and customized solutions that enhance business operations.
“With our expanded presence in Madison, we look forward to building long-lasting relationships and contributing to the technological growth of local businesses,” added Berthelsen. The Madison office underscores Newport Network Solutions’ dedication to providing reliable, top-tier infrastructure and security solutions that foster a secure and efficient business environment.
For more information, visit Newport Network Solutions Inc. or contact Adrian Crabb at adrian@newportnetworksolutions.com.
Media Contact:
Adrian Crabb
Business Development Manager
Newport Network Solutions
adrian@newportnetworksolutions.com
608-572-2654
Newport Network Solutions Inc.
Photo by Richard Hurd
Capitol Bank Announces Two Promotions, Strengthening for Future Success
Madison, WI (March 26, 2025): Capitol Bank is pleased to announce promotions for Nick Inman and Paige Janquart, which will further enhance the Bank’s leadership team and position the Bank for future growth.
Nick Inman has been named SVP, Chief Credit Officer. Inman brings over 19 years of lending and credit experience to Capitol Bank as he assumes leadership of the Bank’s credit function. In his two years with Capitol Bank, Nick has led several transition efforts to position the Bank for scalable growth while adding efficiencies. This change will allow for continued enhancement of the Bank’s credit operations.
“Nick’s expertise and dedication to the Bank have been evident since his arrival, and I’m pleased to have Nick at the helm of our credit department,” said Justin Hart, CEO.
Paige Janquart has been named VP of Finance. Janquart, with 14 years of accounting and banking experience, has played an integral role in the Bank’s accounting department prior to and since exceeding $500 million. In Janquart’s new role, she will assume additional responsibilities overseeing the Accounting and Financing department.
“Paige has been an instrumental part of the Bank’s accounting & finance functions. She exemplifies the Bank’s mission and values and will continue to position the Bank for future success,” said Ami Myrland, President and CFO.
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Iconica Named a 2025 Top Workplace for the Fourth Consecutive Year
Iconica is honored to announce its fourth consecutive recognition as a 2025 Top Workplace by the Wisconsin State Journal. This award is based on employee feedback gathered through a confidential survey conducted by employee engagement technology partner Energage LLC. The survey evaluates key aspects of workplace culture, including employees feeling respected & supported, enabled to grow, and empowered to execute.
A Workplace Culture That Drives Success
Receiving this award for four years in a row is a testament to the dedication and commitment of our incredible team. We believe that a strong workplace culture drives success for our employees and the clients and communities we serve.
“It makes it easier to come into work knowing that they care about me, they care about my health, they care about my work-life balance. So, I want to give back to them and make sure that the company really succeeds.” — Rose, Architectural Designer at Iconica
As a full-service design-build firm, Iconica integrates architecture, engineering, and construction professionals under one roof. With a team of over 60 talented individuals, each person plays a crucial role in shaping our identity and fostering a collaborative, innovative environment.
Energage is a purpose-driven company that helps organizations turn employee feedback into valuable business intelligence and credible employer recognition through Top Workplaces. Built on 19 years of culture research and insights from 27 million employees across over 70,000 organizations, Energage provides the most accurate competitive benchmark. Their survey measures workplace culture, focusing on employee engagement, satisfaction, and overall experience.
We remain committed to empowering our employees, providing opportunities for growth, and maintaining a workplace where everyone feels valued. Thank you to our amazing team for making Iconica a great place to work — One Revolution At a Time.
Photo by Richard Hurd
One Community Bank to Host First-Time Homebuyer Seminars
One Community Bank is excited to host a series of First-Time Homebuyer Seminars across South-Central Wisconsin this spring. For those who are starting to explore the idea of home ownership, experts from OCB will provide details for each step in the home buying process and answer questions.
The events will cover various topics including searching for the right home, getting qualified, credit management, down payments, closing processes, and more. Save the dates for the upcoming seminars across multiple communities:
•April 1st: in-person at OCB – McFarland
•April 8th: in-person at OCB – Waunakee
•April 15th: in-person OCB – Adams
•April 22nd: in-person in Madison, WI
•May 6th: will be a virtual session
These seminars are free to attend. Register online to reserve a spot, space is limited. Additional event details and updates will be sent to registered attendees closer to the event date. Follow OCB on Facebook or LinkedIn for updates on the seminars and feel free to share with family and friends.
Member FDIC. Equal Housing Lender.